Business
House price forecasts unpacked: Coolahbah’s Capital’s Chris Joye – The Australian Financial Review
New research using the RBA’s internal housing model confirms the boom will be long and strong.
Our chief macro strategist, Kieran Davies, who was previously a principal adviser on the macroeconomy at the Commonwealth Treasury, has spent considerable time updating and re-estimating the model that underpins this RBA research.
This is an important exercise because the Saunders-Tulip model is used by Martin Place to better understand the relationships between interest rates, residential investment, rents and house prices.
Weve used this RBA model to calculate internally consistent forecasts that…
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