Sydney’s housing values fall further as rates stay on hold

Nila SweeneyReporter

Dec 10, 2024 – 3.49pm

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The housing market downturn could be cut short if the Reserve Bank of Australia delivers its first rate cut in February, experts say.

While the RBA left interest rates unchanged at 4.35 per cent as widely expected, it has opened the door for an earlier rate cut, Shane Oliver, AMP chief economist, said.

Nila Sweeney writes on property from our Sydney newsroom. Email Nila at nila.sweeney@afr.com.au

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