22 Nov 2022

Housing market confidence expected to take another hit

From Morning Report, 6:20 am on 22 November 2022

Buyer confidence in the housing market is likely to take another hit if a forecast official cash rate hike happens this week. 

The Reserve Bank is anticipated to raise the OCR again tomorrow - with commentators expecting a 50 or 75 basis point raise. 

Real Estate Institute chief executive Jen Baird spoke to Corin Dann.