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The Reserve Bank of Australia’s (RBA) decision to lower interest rate to a historic low 1% gained an immediate response from the market, with non-major banks announcing a cut in their home-loan rates.
Investment in commercial real estate climbed to $42.6bn in transactions during the 2019 financial year, according to new data from Cushman & Wakefield.
Cities need more housing to accommodate the growing population, but it means downsizing homes.
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