RBA Rate Cut Boosts Homebuyer Confidence

RBA Rate Cut Boosts Homebuyer Confidence

The recent rate cut has given housing-related sentiment a strong lift. The ‘time to buy a dwelling’ index jumped 10.5% to 97.8, a four-year high, and up 37% on last year. We’ve long anticipated this lift as interest rates ease and expect the index to push past 100...