PHOTO: Auctions
The regulatory changes and new initiatives proposed over recent weeks have stimulated confidence within the property market, regardless of the lack of certainty around implementation timelines or actual impact on lending.
Kevin Brogan, CoreLogic national auction market commentator, discussed the tangible impact of the mere discussion around changes to APRA’s serviceability buffer and a possible RBA cash rate cut.
“Although neither is in effect yet, I think the conversation around market conditions has changed to bring out a little more confidence,” he explained.
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