Australians should ‘expect more falls’ in house prices

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Yellow Brick Road Home Loans Executive Chairman Mark Bouris says Australians should “expect more falls” in house prices.

“With a 3.25 per cent interest rate rise since this time last year, the general opinion is that … 1.

8 per cent of that hasn’t yet hit the marketplace, in other words, is still in lag territory,” he told Sky News Australia.“So, expect more falls, that’s the bottom line”.

 

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