【CNBC】Australia’s house prices fall, interest rates soar but analysts say there’s no crash yet
【CNBC】Australia’s house prices fall, interest rates soar but analysts say there’s no crash yet
2022.10.03
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- Banks have passed on the increased borrowing costs through higher loan rates, which are now hovering between 4% and 5% and on track to rise further.
- Australian homeowner Lili Zhang said her repayments will soon double to about A$16,000 a month and she is worried.
- Australia’s house prices are among the highest in the world and according to the latest Demographia international housing affordability report for 2022, Sydney ranked second after Hong Kong as the least affordable city globally. Melbourne is in fifth position.
