The Reserve Bank has brought an end to its record-breaking streak of interest rate hikes, hitting the pause button at its April meeting as it waits for more economic data about whether inflation is coming down quickly enough.
The move at the RBA board’s April meeting on Tuesday leaves the cash rate target unchanged at 3.6 per cent.
As we know, interest rates have a significant impact on the property market, affecting borrowing capacity, affordability, and in particular consumer sentiment.
So, what does this decision mean for the Australian property market?
That's what Dr Andrew Wilson, chief economist of My Housing Market and I discuss this week.
01:13 - RBA pausing interest rates: what it means for property markets
03:55 - What’s ahead for inflation?
06:35 - What's happening to our housing markets?
11:01 - Asking prices indicate some positive trends in the market
14:23 - The biggest Australian banks' interest rates predictions
17:57 - Quarterly data ahead: what will we see from the reports?
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