Article 77K2G Australia’s falling house prices are actually a good thing for mortgage holders. Here’s why

Australia’s falling house prices are actually a good thing for mortgage holders. Here’s why

by
Patrick Commins Economics editor
from World news | The Guardian on (#77K2G)

The RBA's governor, Michele Bullock, has made it clear that the easing' property market is on her mind

It's the silver lining that's not making headlines: falling home prices means another Reserve Bank rate hike is less likely.

RBA board members will not be sitting on Monday and Tuesday discussing ways to prop up Sydney house values.

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