RBA decision to hold on rates won’t help home buyers: experts
Nila SweeneyReporter
The Reserve Bank of Australia’s decision to hold interest rates steady at 4.35 per cent is unlikely to spark a broad lift in buying activity, experts say.
Home buyers are still constrained by reduced borrowing capacity, which will not improve until rates start to fall according to Tim Lawless, CoreLogic’s research director.
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Nila Sweeney writes on property from our Sydney newsroom. Email Nila at nila.sweeney@afr.com.au
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