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Real Estate Market News

Interest Rates on Hold but Buyers in Top Gear

As we said last week, the snowball effect reverberating through the housing market continues at pace with another week of exceptionally strong sales. We are seeing these results across all price ranges and in all of the areas in which Marshall White is privileged to sell some of Australia’s best real estate.
It was no surprise that the Reserve Bank this week, once again kept interest rates on hold in order to maintain the recovery of the economy. Both the low interest rates and the V-shaped recovery of the share market continue to fuel property sales in the markets in which we operate.

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