The Weekly Wrap – Market Pushes on Despite Rate Rise

At the very top end of the market there has been good strength shown with three transactions around the $20 million mark in the last 10 days within the Marshall White group underpinning ongoing demand throughout all of our offices. A more aggressive than expected interest rate hike from the RBA this week has certainly got some attention but, even in the very few days since, we have seen little evidence to suggest that this will derail good current momentum in our key markets in which interest rate increases have been anticipated for some time.