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National home values hold steady as regional Australia pushes to new record highs
National dwelling values were steady in January (-0.03%) with the headline result weighed down by the capital cities, where values fell 0.2%. Dwelling values across the combined regional areas of Australia rose a further 0.4% in January, reaching new record highs. Three of the eight capitals recorded a decline in home values in January, with Melbourne recording the sharpest decl...
Will Interest Rates Fall in 2025? What It Means for the Capricorn Coast Property Market
Will Interest Rates Fall in 2025? What It Means for the Capricorn Coast Property Market Since May 3, 2022, when the Reserve Bank of Australia (RBA) lifted the cash rate from a historic low of 0.1% to 0.35%, interest rates have been steadily rising, reaching a high of 4.35% today. This shift was part of the RBA’s efforts to combat rising inflation, which peaked at 7.8% in December 2022. H...
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