(Bloomberg) Australian house prices are poised for an annual rebound during a policy tightening campaign for the first time since at least the early 1990s, when the Reserve Bank began inflation targeting and entered the modern era.Most Read from BloombergHundreds Dead at Gaza Hospital as Israel, Hamas Trade BlameIsrael Latest: Biden ‘Deeply Saddened’ Over Hospital BlastTreasury Yields Climb as Hot Data Fuel Fed Wagers: Markets WrapWill Xi Jinping’s Gamble on Vladimir Putin Pay Off?Putin Arriv
Australia s House Prices Set for First Rebound During Rate Hikes bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The nation’s high-quality coal and iron ore and a growing export market are expected to help this country weather a downturn in the Asian giant – for now, anyway.
Many have pushed back expectations that the housing supply shortage, high immigration and a peak in interest rates will continue to support property prices.