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Behind the 4 forces that move Aussie house prices

Press coverage 24 September 2020 Summary of published coverage
Behind the 4 forces that move Aussie house prices

Seven analysts nominated four main drivers of Australian dwelling values: interest rates, immigration, supply and demand, and stability in the banking system. CoreLogic and Commonwealth Bank economists described the cash rate as the dominant long run influence, while AMP Capital warned that collapsing net migration could tip the market into oversupply. PIPA chairman Peter Koulizos noted that buyer incentives lift prices while overbuilding pushes them down.

Reported by

Jessica Yun, Yahoo Finance, 24 September 2020

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