On February 6, 2024, the Reserve Bank of Australia (RBA) made a pivotal decision to maintain the cash rate at 4.35%, marking its first policy announcement of the year. This decision comes against a backdrop of gradually declining inflation, which eased to 4.1% in the December quarter, down from 5.4% in September.
With the prices in the residential market calming down in the major capitals and most regional areas how do you sell in an easing market? How do you still get top dollar? Or do you sit and wait?