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AAP
AAP
Business
Poppy Johnston

Rate peak to buoy confidence and possibly home prices

Home Prices Tim Lawless Interest Rates Michele Bullock RBA
RBA governor Michele Bullock acknowledged a change of language, with hopes of an end to rate hikes. (Dean Lewins/AAP PHOTOS)

Another month on hold and growing expectations the next interest rate move will be down could add to already robust housing demand and keep pressure on home prices.

Following the Reserve Bank's widely expected decision to leave interest rates unchanged at 4.35 per cent, CoreLogic research director Tim Lawless said the call could help lift confidence and influence dynamics in the property market.

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