22
Oct
Rate rises will create balanced housing market: Ray White
Author: // Category: World of WarcraftRandom Feed wrote an interesting post today on
Here’s a quick excerpt
Rising interest rates will prevent the housing market from overheating and will help create a well balanced market, a real estate group says.Ray White chairman Brian White says this month’s interest rate rise by the Reserve Bank of Australia (RBA) and the prospect of further increases will prevent the property market from rising too rapidly.He said the past 12 months had been the most volatile he had known in the Australian property sector.“There’s nothing worse than a market getting out of cont
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