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Australia's house prices fall, interest rates soar but analysts say there's no crash yet

Por: CNBC Business September 29, 2022

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Newly built houses in the Denham Court suburb of Sydney, Australia. Mortgage rates have fallen to below 2% in recent years, but interest rates are rising rapidly in Australia.Bloomberg Bloomberg Getty ImagesSYDNEY — , Australian Lili Zhang is like many homeowners.While she has a healthy portfolio of properties, she is now facing the biggest threat to her investment, rising interest rates.Zhang, who is in her 40s and works in finance in Sydney,... + full article



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