Interest rates stabilised

Well it looks like the downward slide in interest rates is officially over with the confirmation today of no change in the O.C.R. It seems to us buyers pre-empted this likelihood and have been moving aggressively over the last months. With net immigration on the rise and interest rates continuing to be at affordable levels, we would be surprised to see prices fall significantly, if at all, throughout the areas we serve anyway - amenity values are too strong and don’t change.