It seems the market song remains the same: Another month, another set of expectation-defying, record-breaking house prices. READ MORE:* Fewer investors in property market after rule changes* First-home buyers' hurdle increases again, data shows* House price growth skyrockets in smaller regions* Action needed to halt rocketing house prices – CoreLogicBut it was not meant to be this way. Abigail Dougherty/Stuff House prices just keep going up, but the rate of price growth is slowing. This has left many people asking why house prices just keep going up and if that trajectory will ever end. We’d expect mortgage rates to start rising in advance of this, flipping what has been a tailwind for house prices into a slight headwind.”
Source: Stuff July 13, 2021 16:52 UTC