News
Negative forces consolidate
Wednesday 23rd of July 2008
The eight gauges are used to assess the state of the property market to show whether warning signs are emerging. Most gauges have consolidated or are beginning to weaken. The exception on the downside is house sales, which have plummeted to a 16 year low. The bank says once house prices follow suit, affordability and serviceability will consequently start to drop as well.
The report...
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