There's no doubt that the recent market sell-off from the coronavirus will have an impact on real estate. The question is, how large and how long.
cash rate
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You've probably seen a lot of talk about the RBA, and other central banks around the world, undertaking quantitative easing in response to coronavirus. Unfortunately, the name does a poor job of explaining what it actually is.
The RBA has cut the cash rate by 25 basis points to an all-time low of 0.25%.
The RBA has slashed 25 basis points from the official cash rate in an attempt to stem economic damage from coronavirus.
The RBA held the cash rate at the historic low of 0.75% today, as Australians lose confidence in their household finances and the nation's economic outlook.
In recent months we have heard noise about a possible recession across global economies, so should we still be concerned?
The RBA held interest rates at its September meeting today, and the resurgence in Sydney and Melbourne housing values was likely a key topic of conversation.
