An already bad year for ASX-listed real estate stocks took a turn for the worse on Tuesday following the Reserve Bank of Australia’s bigger than expected 50 basis point interest rate rise, which prompted a sell-off across the sector.
HomeCo boss David Di Pilla. Flavio Brancaleone
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Martin Kelly is a property reporter based in Sydney covering all aspects of commercial and residential real estate including major deals, market trends and developments. Email Martin at martinkelly@afr.com