The performance of property has confounded most optimists who have long claimed that property prices would be cushioned by interest rate drops.
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PROPERTY INVESTORS
No surprise the property market isn’t picking up
When interest rates are low, it stands to reason, expected growth in the economy is waning. Which doesn’t inspire anyone to take a punt on growth assets, writes market analyst Catherine Cashmore at Property Observer.
READ MOREProperty prices falling, a trend that will continue
However you frame it, the performance of residential property in the past year has not been good.
READ MOREAre highly leveraged homeowners about to crash?
Australian home buyers are living in some sort of fool’s paradise if they think that the affluent Sydney, Perth and Melbourne property markets are indestructible, writes Adam Schwab.
READ MOREPressure on for geared-up investors
Today’s 0.25% interest rate rise will make it a little more difficult for some property investors – particularly those looking at a first or second purchase – to enter the market.
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