Why rising interest rates may not stop price growth

Where to search for an affordable home [View this email online]( [Domain]( How to find an affordable home before prices rise further The RBA has raised the cash rate for a second month in a row this year as it tries to bring inflation down. Should you wait for prices to fall or buy now? | Rentvesting explained [RBA cash rate increase]( June 2023 | MoM Change June 2023 4.10% 0.25% May 2023 3.85% 0.25% Despite rising interest rates, the property market has continued recovering, with strong demand from buyers competing for fewer properties pushing [auction clearance rates]( across the combined to the highest point since October 2021. Clearance rates are considered a [leading indicator]( of price growth, and rising clearance rates tend to correspond with [price rises]( in the future. If you’re looking to buy a home before prices rise further, let us help you find one that you can [afford to buy](. Just give us an idea of your budget and your needs and we’ll help you find suburbs based on what you want and what you can afford. Talk to a Domain Home Loans Specialist today to understand your options so you’re ready to buy. [Explore competitive rates]( Lenders on our panel include: [Lenders Panel ] [iOS App]( [Android App]( [Contact Us]( [Privacy Policy]( [Update your preferences]( Disclaimer: Digital Home Loans Pty Ltd t/a Domain Home Loans (ABN 39 619 694 156, Credit Representative 500208) is authorised by Auscred Services Pty Ltd (ABN 50 164 638 171. Australian Credit Licence 442372). Domain Home Loans compares products from over 25 lenders, we don’t cover the whole market or compare all features and there may be other features or options available to you. All applications are subject to lender assessment and approval. Security Reminder: Domain Group never requests personal or financial information via email. Be wary of suspicious emails claiming to offer Domain Group services. Domain Holdings Australia Limited ABN [43 094 154 364](#)