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1.Market Observations, 8.Was Sticky

20 Apr 2017 (AFR) – Rates to rise alongside house prices, creating more affordability problems

(20 April 2017, AFR, p31, by Matthew Cranston)

‘ Australia biggest property firms and investors expect house price capital growth to charge ahead despite their expectations that retail interest rates will continue to rise – a sign that would usually see house prices start to cool. The latest property industry survey compiled by ANZ and the Property Council of Australia shows confidence in the residential and commercial property sector, as measured by an index, has lifted to its highest level since 2014.’

Read more (and see relevant graphs) at AFR.com (might need AFR login access, or try: AFR.com/trial)

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