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US existing-home sales fell 3.7% at a seasonally adjusted annual rate of 5.48 million in February, according to the National Association of Realtors. Economists had forecast that sales fell 2.5% at a seasonally adjusted annual rate of 5.55 million, according to...
It looks like tougher restrictions on Australian housing investors are on the way. According to reports in the Australian Financial Review today, a special regulatory working group — containing officials from ASIC, APRA and the RBA — was set up last week to crack down...
The property market has become so expensive that nine out of 10 Australians are despairing about their prospects of achieving the ‘Great Australian Dream’, new data shows. A white paper from Mortgage Choice in conjunction with research firm Core Data, The Evolving...
Luci Ellis is assistant governor at the Reserve Bank of Australia with responsibility for economics. For eight years prior to taking that role she was head of the financial stability department at the central bank. This was a period that saw an enormous focus on...
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