Saturday, July 30, 2011

House Prices to Fall Further Following Next Interest Rate Rise

An increase in the cash rate will spark house price falls, according to Cameron Kusher, senior research analyst at RP Data. Rents and yields need to increase further to attract investors, he says.

“Yields are not where investors would like them to be… Some cities are doing better, for example units in Brisbane and Sydney,” he says.

See Property Observer

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