RBA Cash Rate August 2023 & Australian Housing Market Update
The Property Couch
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The Market Sentiment Story
There's some short-term buying opportunities. In fact, there are rental demand remains very strong. We're going to see potential slightly higher interest rates which effectively could reopen that buying window. I call it the timing window before we potentially see this next rush. So probably under supply, we are talking about years, not months in terms of that being resolved. And then finally, the sentiment story is going to obviously be charged up further with a significant amount of demand when the first cut in the cash rate to more normalised levels is going to kick in. The best time to invest in property is when you can comfortably afford it.
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