[Rewards] How Interest Rate Hikes Affect Real Estate?
@Tiger_AU：
Hey Aussie, After a period of silence from the big four banks since the central bank’s rate rise on Tuesday, $澳洲联邦银行(CBA.AU)$ is raising mortgage rates by 0.5 percentage points, and it will raise rates on a key savings product by the same amount.The change will take effect from August 12. Property prices are going down marginally as cost of living pressures bite but they still remain high levels compared to pre-pandemic levels. House prices are just 1.66 per cent below their peak in the later half of last year. According to PropTrack’s Home Price Index, released on Monday, home prices dropped 0.43 per cent nationally in July. Would you like to share your opinion regarding How interest rates affect the Housing Market？ 💡Share Your Insights Please leave a message in the comments section of this post, and share your insights about Australian real estate. 💸💸💸 How interest rates affect the Housing Market？ What is your opinion about the future of Australian real estate 🎁Prizes All Tigers who comment on the following post will receive 10 Tiger Coins. In addition, you have the chance of winning 100 Tiger Coins. ⏰Activity Duration 4 Aug, 2022-11 August, 2022
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