Sydney, Melbourne's great house price correction has begun - The Australian Financial Review
A 15-25 per cent correction has commenced after house prices declined in May for the first time since the short-lived, pandemic-induced falls that ended in September 2020.
This process commenced in November as a result of the Reserve Bank suddenly dropping its commitment to not raise interest rates until 2024, and its so-called yield-curve target whereby it kept the in… [+5739 chars]
Read More
Other Stories in Business
- Senco Gold QIP Opens To Raise Rs 500 Crore
- Brokerage Views: Goldman Sachs On DMart, Morgan Stanley On Zomato, CLSA On Cement Industry And More
- Correction In RIL, Tata Motors Led To Sharp Spike In Their Futures Open Interest
- Indian Capital Market - A Golden Era: Motilal Oswal
- Swiggy Growth Headroom, Profitability Prompt 'Outperform' Rating From CLSA On Initiation
- Intra-Cellular Therapies (ITCI): Parkinson's Disease Drug Expansion Could Be The Next Move
- Juan Soto’s $765M deal with the Mets is the largest in MLB history. Here’s who he passed
- Trump nominates ex-ambassador to Mexico to serve as deputy secretary of State
- Complete Berachain Airdrop Guide: Get Free Tokens
