{"id":19267,"date":"2019-06-04T17:24:42","date_gmt":"2019-06-04T05:24:42","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=19267"},"modified":"2019-06-04T17:24:42","modified_gmt":"2019-06-04T05:24:42","slug":"how-reserve-banks-decision-to-cut-interest-rates-will-impact-housing-markets","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/how-reserve-banks-decision-to-cut-interest-rates-will-impact-housing-markets\/","title":{"rendered":"How Reserve Bank\u2019s decision to cut interest rates will impact housing markets"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a0A rate cut will boost demand, but to a more limited extent than before. Picture: Jonathan Ng\u00a0<span class=\"image-source\"><em>Source: News Corp Australia<\/em><\/span><\/strong><\/p>\n<p class=\"description\">The Reserve Bank of Australia\u2019s move to cut the cash rate to a record low will help the housing market recover earlier but will not reignite another price boom, housing experts claim.<\/p>\n<div class=\"story-content\">\n<p>Governor Philip Lowe announced at the Reserve Bank\u2019s monthly board meeting Tuesday that rates would be cut by 25 basis points to an unprecedented 1.25 per cent.<\/p>\n<p>It was the first time the RBA changed the cash rate since August 2016, with the bank saying the move was necessary to support employment growth and bring inflation back to target levels.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.news.com.au\/finance\/real-estate\/how-reserve-banks-decision-to-cut-interest-rates-will-impact-housing-markets\/news-story\/2983b2bf08bcf6684cb0a802120117ef\">NEWS.COM.AU<\/a><\/p>\n<\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a0A rate cut will boost demand, but to a<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/how-reserve-banks-decision-to-cut-interest-rates-will-impact-housing-markets\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":19268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478098566,478100557,478098542,478098519,478098535,478105548,478103440,478098522,478105547,478098513,478101743,478099125,478098873,478098579,478098510,478098514,478098511,478098509,478104568],"class_list":["entry","author-data123nz","post-19267","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-first-home-buyers","tag-governor-philip-lowe","tag-home-loans","tag-home-ownership","tag-house-prices","tag-housing-expert","tag-housing-markets","tag-interest-rates","tag-price-boom","tag-property","tag-property-correction","tag-property-crash","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-news","tag-the-reserve-bank-of-australia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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