Buyer's market without buyers: Parts of Sydney are down 6% in three months, yet high borrowing costs and fear of further rate hikes have triggered decision paralysis among prospective purchasers.
RBA under pressure to hike: The Reserve Bank is being urged to lift the cash rate in September despite the housing slump, with models suggesting the optimal rate sits between 4.75% and 5%.
Auction clearance eases: The national capital city clearance rate slipped...