Australia housing market 'peaked', says Morgan Stanley

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


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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