melbourne: 5 and 6 november, page-36

  1. 3,702 Posts.
    lightbulb Created with Sketch. 5
    Much appreciated fumbles.

    Very strange though, didn't they say the buyers would come rushing out to spend up big with the 0.25 % rate cut? Instead we get a 7 year low clearance rate.

    Maybe the buyers out there now are more freaked out as to why we are cutting rates. Maybe they are finding the current prices are less and less palatable as the days go by. Interest rate cut in spring and it get worse, sounds like a flatline to me.
 
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