It begins with Ray White:
For the last three years pundits have been saying the housing crash is coming, says Brian White, but while the resilient markets in Sydney and Melbourne might moderate, continued low interest rates would dampen talk of housing bubbles.
The chairman of real estate agency Ray White Group said it was “too early to bring out a crystal ball” on the balance of the year. The timing of the Reserve Bank’s next move on rates would determine the direction of housing markets.
