The Reserve Bank has left interest rates on hold for the month at 2 per cent, but experts say people shouldn’t expect supercharged house price growth if they are cut again this year.
Vendors are reporting getting great results by using professional stylists to fit out their sale properties.
ANZ economists say they expect interest rates to be cut another further 50 basis points next year to a new record low of 1.5 per cent.
The housing cycle in Australia has peaked, according to Morgan Stanley analysts.
Stricter regulations on lending, slowing immigration and inflated property prices are set to take their toll on the property sector say the wealth management company.