‘End of the battle against inflation’: Aussie homeowners poised to make a killing

News.com.au - 10/02
Homeowners planning to sell could be set to make a killing if the RBA starts cutting rates in February with predictions some suburbs could record an eye-watering 19 per cent jump in house values based on a one per cent reduction in interest rates.

Homeowners planning to sell could be set to make a killing if the RBA starts cutting rates in February with predictions some suburbs could record an eye-watering 19 per cent jump in house values based on a one per cent reduction in interest rates.

CoreLogic has predicted the housing market is set to secure a boost as interest rates start falling.

That’s good news for homeowners planning to sell in the next two years but potentially a reason for buyers to make the plunge now before prices start rising.

There are predictions that the RBA could start cutting with a 25 basis point cut on February 18 or at the next meeting on April 1.

Based on previous periods of rate reductions, national dwelling values would increase an average of 6.1 per cent for each one percentage point decline in the cash rate, according to CoreLogic.

But as CoreLogic’s Head of Research Eliza Owen points out, certain marke...
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