Update- Australian Residential Property RP Data, using the RP Data-Rismark Hedonic Index has identified five instances since 1993 where national dwelling values have fallen with the largest being the peak-to-trough decline of 3.8% being between late 2008 and early 2009. The graph highlights what we all intuitively know, house prices flatten and do fall when interest rates rise. Question, how high will interest rates rise and how much will it impact residential house prices this time around? At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me via ‘Contact Us’ at www.newealth.com.au or to call me on +61 2 9267 2322.
27th-October-2010 | 
