25 basis points -- a Slowdown in the rate of increases

At the board meeting on 04/10/2022, the RBA took the cash rate target 25 basis points higher, a lower increase than in the preceding four months. This is a good news that the RBA has delivered a slowdown in the rate of increases.

 

On the current property sales market, not only the vendors but also the buyers are all very conservative to take an action due to the uncertainty about the lift of cash rate by RBA. But just like the share market, nobody can predict where is the peak or the bottom, if you are interested in selling your property or buying your dream house, please do not hesitate to contact iAgency Real Estate, we will provide professional services with high quality.