Ray White Coorparoo

What’s happening in our market? Amidst the Reserve Bank of Australia’s (RBA) February decision to keep the cash rate at 1.5% for a record 18thmonth in a row, RayWhite Coorparoo continues to experience strong house sale prices, despite the press around a declining market. This is the longest period in history that the cash rate has remained unchanged; the last timewas back in 2013-14when it held for 17 consecutive months. It’s the broadly held viewof many economists that the low rate is supportive of positive business conditions, and the RBAwill leave it at 1.5% for some time yet. According to BenKingsley, chair of Property Investment Professionals of Australia (PIPA) and reported in Your Investment PropertyMagazine, with strong economic growth forecasted for 2018 and 2019, the Reserve Bank is likely to push the cash rate higher. Regardless, it’s a fact that interest rates are currently sitting at record lows andwill remain lower for a period to come. In other news, we’re delighted that RayWhite has just been awarded the Reader’s Digest ‘Quality Service Award’ for exceptional customer service, as voted by Australian consumers. According to Reader’s Digest, companies that receive this award have gone above and beyond their customer’s expectations. To experience the difference for yourself, get in touchwithme for an obligation free appraisal today. Clinton Unnasch 0428 260 447 clinton.unnasch@raywhite.com “Clinton has been awonderful agent to deal with. Hewas a good liaison between us and the sellers, and hemade buying a first home an easier process. He is easy to communicatewith and is understanding.Wewould recommend Clinton to anyone and thank himverymuch for his help and service.” MILA& JEREMY “Clinton gaveme great advice and kept me informedwith each process of the sale of my house. Clintonwas very approachable and understanding of my circumstances which mademe feel comfortable and the end result was a positive negotiation and the price I was happywith.” CATHY&KARL “From initial meeting until settlement Clinton could not have done anymore then he did for me. He recommended auction as best method and came upwith the goods on the day.” JAMES RayWhite Licensed Real Estate Agent