Sydney Morning Herald (July 6)
2022/ 07/ 07 by jd in Global News
“Property prices could fall by more than initially feared as the Reserve Bank ratchets up official interest rates to fight surging inflation…. Property watchers were already forecasting price falls of between 15 and 20 per cent in Sydney and Melbourne.” It now looks increasingly likely the price declines will be even steeper.
Tags: 15–20%, Falls, Forecasting, Interest rates, Melbourne, Price, Property prices, Ratchets up, Reserve Bank, Steeper, Surging inflation, Sydney
