Low interest rates & strong population growth….

Low interest rates & strong population growth…. 01/04/2015

Whilst the RBA (Reserve Bank of Australia) remains cautious about economic growth in their latest ‘monetary policy statement’, they have also been quick to point out that the low interest rates, together with strong population growth will continue to demonstrate strong real estate investment throughout 2015.

This has been noticeable here at RRE with a good steady clearance rate and in particular an increase in transactions involving properties above the $900,000 mark.