International Interest in Australian Property

by Joy Manginsay 19. November 2011 18:05
Australian Interest Rates are monitored by the Reserve Bank of Australia (RBA) with no cash rate changes. Interest in many International Property Markets have slowed and declined because of credit of " down under" is bucking the trend. Based on the latest search research shows that Australia has improved their market share and recovering. According to Robin Wilson, Head of Overseas of Rightmove, " We're  seeing their first signs that prospects are improving with four of the top 20 countries registering positive growth on last year's equivalent monthly performance". Australia is one of the only four countries hitting higher monthly business and recovering positive growth. Business Spectator analysis that Interest rate will change from Australia and around the world. Overall, the latest search shows 45% indexed locations saw increases in the last month, 40% recorded decrease and 15% saw no changes.


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