Four housing charts that helped the RBA decide to hold rates

Four housing charts that helped the RBA decide to hold rates
Four housing charts that helped the RBA decide to hold rates

The RBA considered these four charts to help in its determination of keeping the cash rate on hold at 1.5 percent earlier this week.

Household debt is at its peak, while interest being paid on households has begun a sharp decline.

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Four housing charts that helped the RBA decide to hold rates

 

Housing loan approvals are also near their peak, with the gap between owner occupiers and investors widening.

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Four housing charts that helped the RBA decide to hold rates

Household net wealth is peaking, which will have made the RBA contemplate a rate raise.

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Four housing charts that helped the RBA decide to hold rates

 

Housing prices are set to end the year in a downturn.

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Four housing charts that helped the RBA decide to hold rates

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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Rba Rate Decision cash rate

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