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FIRST-home buyers are flooding into the market thanks to falling interest rates and slumping home prices.
But investors are shunning cheaper homes because they fear prices could fall further.
Read the full article here: http://www.news.com.au/heraldsun/story/0,21985,25014496-5013926,00.html
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Australia’s central bank will hold off on further rate cuts until at least February, according to its December meeting minutes, allowing time for recent rate cuts to work their way through the economy and spur growth.
Read the full article here:
http://www.domain.com.au/Public/Article.aspx?id=1229189661521&index=NationalIndex&headline=RBA%20to%20take%20rate-cut%20holiday,%20minutes%20suggest
Mark Forytarz