Growing fears RBA will have to cut rates to stop tumbling house prices

The RBA could be cutting interest rates within months amid warnings house prices in Sydney could fall by more than 20%

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

smh /  🏆 6. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Falling home loans point to further drop in house pricesA drop in home loans taken out across the country has prompted more warnings of further falls in house prices | swrighteconomy
Read more »

Australia to see world's worst 2019 house price fall: reportAustralia will see the world's biggest house price declines this year, according to one of the world's major credit ratings agencies, which declared homeowners would have to wait until 2020 to see any recovery.
Read more »

Fall in house prices expected to be worst in the worldThe drop in house prices in Australia this year will be the worst in the world, one of the world’s major credit rating agencies has predicted.
Read more »

New data reveals where house prices will fall over the next six monthsThe worst is still to come for the weakening Sydney and Melbourne property markets, with new data predicting tightened lending and the abolishment of negative gearing will drag prices down further.
Read more »