2009 good time to buy property

Posted by admin on January 2nd, 2009 filed in Uncategorized

Australians could find 2009 an opportune time to buy property, but they should not expect a swift recovery in housing prices. Since September, the Reserve Bank of Australia (RBA) has cut the cash rate by three percentage points to a seven-year-low of 4.25 per cent.
Debt futures markets are pricing the cash rate to be as [...]