Reserve Bank boss buries housing market
OPINION: At a recent open home, buyers stayed home and sellers wished they could be anywhere but selling their house.
NBR Columnist Duncan Garner speaks with Calida Stuart-Menteath
The Reserve Bank’s move to aggressively hike mortgage interest rates has had an immediate effect as I hosted my fourth week of Saturday and Sunday open homes.
Simply put: buyers have stayed home, and sellers wished they could be anywhere but selling their house.
It’s bloody hard work preparing
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