Australia housing market 'peaked', says Morgan Stanley

Posted by Simon Dehne on September 27, 2015 in Latest News with No Comments


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Australian housing sector has “peaked”, increasing the risk of recession, according to new report.
Analysts at investment bank Morgan Stanley said lower migration rates, tighter financial lending rules and over-supply would blunt housing growth.
Australia’s official cash rate is a record low 2% but regulators recently tightened lending rules for investors.

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