
Falling Interest Rates and Property Prices: A Decade of Shifts in Australia and Globally
Over the past decade, interest rate fluctuations have greatly affected global property markets, particularly in Sydney. As rates fell, mortgage affordability rose, boosting property prices and auction rates. This, along with immigration and inflation, has led to market unpredictability. With the recent Reserve Bank of Australia rate cut, buyer activity might rise, potentially increasing prices. Explore how these trends are influencing the future of real estate in Australia and beyond.