Australian House Prices Tipped to Rise in 2010: RBA

“This is a good thing because the macro-economic difficulties that have accompanied those price falls in some contries,” he said.

“But looking forward, the risk is that we might move towards undesirable strong growth in housing prices.”

The RBA is expected to increase interest rates before the end of 2009, from their current record low 3 per cent.

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Marc Pallisco

A freelance property analyst and journalist, Marc is a co-founder of realestatesource.com.au.

Marc Pallisco

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