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Australians are being lured into the property market again by record low interest rates – but the RBA insists there is no bubble – Business Insider Australia

The property market has so far seemed to not only skirt the worst of the pandemic, but actually overcome it.

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  • One in five Australians are looking to buy a property in the next 12 months, a new Finder survey shows.
  • It comes as confidence returns to the market with the big banks expecting prices to stabilise and even grow into next year due to growing demand.
  • While interest rates remain at a record low, the Reserve Bank of Australia (RBA) meanwhile has disputed that a housing bubble is emerging.
  • Visit Business Insider Australia’s homepage for more stories.

The property market has so far seemed to not only skirt…

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