OCR Up: House Prices To Hit New Low, Reserve Bank Says

The Reserve Bank has moved the OCR again... and its forecast says house prices are about to dip to a new official low. So, is this the real bottom of the market, and when do prices finally recover?

In this episode, Ed and Andrew break down what the Reserve Bank did, what it means for mortgage rates, and where house prices go from here.

You'll learn:

• What the Reserve Bank just did to the OCR, and why
• Where mortgage rates could head next
• When house prices might finally recover

For buyers, a new bottom could be an opportunity. Just remember, even the Reserve Bank's own forecasts can change in six weeks.

Let us know your thoughts by leaving us a voice message on the Property Academy Hotline⁠⁠⁠

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