In Case You Missed It: [ RBA Holds Tight On RATES.. ]
It's great to see the RBA holding firm on the cash rate.
In the latest update, the Reserve Bank of Australia (RBA) decided to keep the official cash rate steady at 4.35%, sticking to its guns considering a cooling inflation scene. This call came during the first of the RBA's new two-day meeting setups.
While inflation took a bit of a dip, particularly in goods prices due to smoother supply chains, the RBA isn't hitting the panic button just yet. They're keeping an eye on service prices, which are holding up and keeping inflation somewhat high.
Looking forward, the RBA hinted that they're not ruling out future rate changes, depending on how things play out in the economy. RBA governor Michele Bullock chimed in, saying they're keeping their options open and staying data driven.
Even though the rate didn't budge, it still brought some good vibes to the housing market. PropTrack economist Anne Flaherty sees it as a confidence booster, helping buyers and sellers feel a bit more secure in their decisions.
And although, this meeting wasn't just about rates. It kicked off the RBA's new and improved meeting style, with fewer gatherings but more face time with the press. Seems like they're trying to keep things fresh and transparent as they navigate the economic waters ahead.
To see more click HERE to stay informed OR HIT the IMAGE below
From all of us, we're excited to keep "Helping You Find Home" in 2024!
This Week We Cover
In Case You Missed It: [ RBA Holds Tight On RATES.. ]
What's Coming, what's New, what's Sold
Property of the week
Tale of the Sale this week
Auction results & clearance rates
Your suburbs sold results
Get your instant property price online
Highlight of the week
+ Coming + New + Sold
C+M's Coming Soon:
1A Gish Crt, Hadfield: Coming Soon..
4/16 Ogden St, Glenroy: Coming Soon..
44 Plumpton Ave, Glenroy: Coming Soon..
2/66 Hubert Ave, Glenroy: Coming Soon..
7 Percival St, Oak Park: Coming Soon..
3/16 Park St, Pascoe Vale: Coming Soon..
108A Melbourne Ave, Glenroy: Coming Soon..
(To book a VIP viewing, reply with your request..)
C+M's New 2 Market:
67 John St, Glenroy: $1.1m - $1.2m
C+M's Sold Results:
4/21 Nerrisa Grove, Oak Park: SOLD @ Auction - $862,500
Property of the week
67 John Street, GLENROY
3 Bed / 1 Bath / 7 Car
$750k - $825k
TALE of the SALE this Week
115A South Street, HADFIELD
SOLD @ Auction
Number of Inspections: 53
Number of 2nd Inspections: 4
Contracts Held: 4
Number of Bidders: 3
SOLD: $912,000
Auctions - 10/02/24
*preliminary results based on Sundays data from realestate.com.au
Suburbs SOLD results
GLENROY
HADFIELD
OAK PARK
PASCOE VALE
PASCOE VALE SOUTH
FAWKNER
BROADMEADOWS
COBURG NORTH
Your Property Estimate
Like to know your INSTANT Property Price estimate online. Request yours now by simply CLICKING the IMAGE below or this LINK HERE.
*If you would prefer to BOOK in a more accurate Property Price Check in person with one of our team, you can request this as well.
C+M = 42 in the REB top 50
Moments like this fill us with pride in the passion we have in our work.
Make your move today – Contact C+M Residential your local property experts.
C+M Residential - "Helping You Find Home."
Need more information relating to your property, or a property-related questions? Contact the C+M Team - 'Your Area Specialist' and local friends in real estate.
The C+M Team (03) 8781 3823
Unmistakably Yours - The Claudio Cuomo Team
Claudio Cuomo
Area Specialist & Auctioneer
Mobile: 0419 315 396
Email: claudio@cplusm.com.au
Website: cplusm.com.au
Office Phone: (03) 8781 3823
Office Email: hello@cplusm.com.au
Sales Office: 25 Pascoe Street, Pascoce Vale VIC 3044
Rentals Office: 33 Pascoe Street, Pascoce Vale VIC 3044
