4 property market trends to expect in 2022
The impacts of COVID-19 are expected to continue to sway the property market in the year ahead, even as the country’s ...
The mood of consumers has darkened significantly following the Queensland floods amid fears that the natural disaster will push up prices and slow the economy.
Melbourne Institute research fellow Dr. Michael Chua, said this month’s survey picked up an overwhelming concern with price hikes.
“The impact of the flood is likely to reduce economic growth this quarter; this should reduce the probability of the RBA raising the cash rate,” Mr Chua said.