RBA keeps rates steady in a resilient real estate market
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RBA keeps rates steady in a resilient real estate market
The RBA kept interest rates on hold at 4.10 per cent at its April 2025 board meeting largely as expected.
The real estate market is currently resilient and another interest rate cut would have been another big confidence booster. What we have seen since February is renewed willingness for people to transact and strong clearance rates despite large volumes of auctions.
As we enter a period of disruption across the country in April due school holidays, Easter and Anzac Day, ahead of the early May election, buyers who are prepared are likely to be rewarded and sellers who price their properties correctly will see results.
With the first quarter of the year behind us it is important for those who plan to be active in the real estate market in 2025 to review their borrowing power and speak to a proven real estate professional in their local market.
The RBA will announce its next decision on interest rates on 20 May 2025.
Commentary from The Agency's CEO of Real Estate Matt Lahood on the RBA's April 2025 interest rate decision.
