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When, not if, will housing market cool?
Interest rates aren't likely to move until late 2022 or early the following year, some experts say. Yet most are predicting Australia's sizzling property market will cool within months. Of 28 asked about NSW house prices by comparison site Finder, 19 say they expect a peak this year. Eleven believe it will happen in the final quarter and eight before October. The remaining nine pundits say the high water mark won't arrive until 2022 or beyond. A similar slowing is predicted around the country but why is it so, if the cash rate remains at an all-time low and loans are dirt cheap? The answer is that the two aren't ... (full story)