Stability returning to Real Estate market with rates on hold again.
With the statement from Glenn Stevens from the Reserve Bank of Australia stating that the Board decided to leave the cash rate unchanged at 4.75 per cent.
This spelt good news for property owners, property investors, and first home buyers.
Mr Morgan, managing director of Harcourts Bunbury said “With interest rates on hold again, stability is starting to be seen over the real estate market. The pressure now seems to be on the…