By Leith van Onselen JP Morgan is the latest to warn that that the reported rebound in auction clearance rates is purely seasonal and will weaken over coming months, sending house prices lower. From The Australian: House prices will remain under pressure in 2019 as the market digests an “elevated” dwelling construction pipeline and “slowing”
The post JP Morgan: Rate cuts won’t lift house prices appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]