Sell with Confidence
Read More
News

Matt Hurlston of Ray White Carnegie: Cash rate remains steady for another month

By Matt Hurlston

The strong Australian economy will remain for another month, with the Reserve Bank of Australia (RBA) retaining the cash rate at the historic low of 2.5 per cent. This is the 16th month of being this low and offers anyone interested in buying real estate in Bentleigh the opportunity to move into the market. 

The Housing Industry Association has highlighted the low interest rates resulting from this decision nationwide, with chief economist Harley Dale stating that Australia is on track to recording the longest period of interest rate stability in recent history. 

"Borrowing costs are set to remain at or close to record lows for some time to come. Super low interest rates have unleashed substantial pent-up demand for new housing to the benefit of many parts of Australia's domestic economy beyond residential construction," said Mr Dale in a 4 November statement. 

Matt Hurlston of Ray White Carnegie

The current economic landscape in Australia offers buyers a good opportunity to move into their own Victorian property. Get in touch with Matt Hurlston at Ray White Carnegie to begin investigating the real estate options available in Bentleigh and the surrounding suburbs today. 

Up to Date

Latest News

  • Making Room For Mindfulness The Latest Trend In Home Design

    Article Source: Click Here Spaces that blend the indoors and outdoors are perfect to create meditation nooks in your home. Image source When did you last take a breath? A really good, deep, slow one. Sometimes we need a gentle reminder to pause and recalibrate. And finding the right place … Read more

    Read Full Post

  • Rock Solid: Why Marble Is Making A Stunning Comeback In Homes

    Article Source: Click Here “Marble can be integrated in so many ways, and it doesn’t have to be on a grand scale to make an impact.” Image Source Marble has long been a go-to in architecture and home design. “The use of [the stone] as a building material is rooted … Read more

    Read Full Post