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InfoTrack on Claude Cowork

Home buyers’ decisions not heavily impacted by interest rates – report

May 21, 2024

About 37% of homebuyers in Australia say interest rates did not influence their decision to buy or sell property, a new property research survey found.

The preliminary findings from InfoTrack’s “2024 State of Real Estate Report” follows a recent decision from the Reserve Bank of Australia to leave the cash rate on hold at 4.35% for the sixth consecutive month.