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Property market still rising but at a slower pace, as lending restrictions come into effect
A surge in new properties up for sale, worsening affordability and reduced housing stimulus are helping to cool the market. The Australian dream of owning your own home is still out of reach for many and mortgage rate rises are putting those who've borrowed too much under pressure.
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By [email protected] (ABC News)A surge in new properties up for sale, worsening affordability and reduced housing stimulus are helping to cool the market. The Australian dream of owning your own home is still out of reach for many and mortgage rate rises are putting those who've borrowed too much under pressure.