The Reserve Bank of Australia maintained the cash rate at 4.35% on August 11th, continuing its 'wait-and-see' approach as inflation eases to 3.8% but remains above the target range. While the hold provides relief from rising borrowing costs, cautious sentiment persists in housing markets. However, strong population growth and housing supply shortages continue to support long-term fundamentals, presenting opportunities for buyers with a medium to long-term investment horizon.
The Reserve Bank of Australia maintained the cash rate at 4.35% on August 11th, continuing its 'wait-and-see' approach as inflation eases to 3.8% but remains above the target range. While the hold provides relief from rising borrowing costs, cautious sentiment persists in housing markets. However, strong population growth and housing supply shortages continue to support long-term fundamentals, presenting opportunities for buyers with a medium to long-term investment horizon.
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