Episode #98: Australian home prices up on supply shortfall, but at risk from high rates
The last three major cyclical upswings in home prices have required lower interest rates to be sustained. With rate cuts still a long way away, AMP’s Chief Economist Shane Oliver looks at why the risk of another leg down in prices is high next year, particularly if unemployment rises significantly, and the key indicators to watch in the months ahead.
Read more here: www.amp.com.au/insights-hub/blog…an-housing-market
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Original Author: Produced by AMP and published on 02/11/2023 Source