1% Point Cash Rate Cut = 30% Increase in House Price 3 Years After?
According to RBA research found in 2019 that with one percent point cut in cash rate would result in a thirty percent increase in housing price 3 years after. However, this would be a massive increase in property market that potentially causes more on going issues. Would it be the case today since the dwelling value are already up by 13.5 percent over the past year!