Residential Interest Rates are rising and forecast to remain high. A rebound in the building market is unlikely until at least 2009, economist say. Master Builders Australia (MBA) the nations peak construction body, agreed that high rates would supress the long awaited housing recovery. MBA also reportedly says ” Housing is now suffering serious collateral [...]
Posts Tagged ‘Australia’
Australia Housing Finance Forecast
Posted in Australia, International investment news, tagged Australia on June 19, 2008 | Leave a Comment »