ALL ROADS LEAD TO STABLE INTEREST RATES

August 8th,2014

The Real Estate Institute of Australia (REIA) says the latest housing finance figures released by the Australian Bureau of Statistics (ABS) reflect a stable market in which interest rates should remain on hold.       

The figures for June 2014 show, in trend terms, that the number of owner-occupied finance commitments increased by 0.2 per cent, following similar monthly increases over the first five months of 2014.