Cash Rate on Hold, August 2023

real estate bribie cash rate hold august

The RBA has left the cash rate on hold for August which likely comes as some relief to many at the moment.

It looks like CPI has started to ease and we’re hopeful that this might be the beginning of things starting to return to some kind of normal.  

Thankfully, the real estate market has remained relatively strong in our area of the last 12 months, but we can’t deny there has been some impact, particularly in the higher price brackets.

Real Estate Article

Check out REA’s article below for cash rate predictions over the coming twelve months from all the big banks.  – Read Article “Interest rates may have peaked: what it means for property”

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