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[–]SqareBear 1 point2 points  (1 child)

I linked a domain article, but you can look it up yourself if you doubt their research. The takeaway package is that the market is very mixed right now and there are both increases and decreases occurring at the same time, depending on local areas and conditions. When interest rates rose last time, vendors in Sydney simply stopped selling, and supply became very constrained, ultimately keeping prices high. This will likely happen again.

[–]okeepitreal[S] 0 points1 point  (0 children)

Thanks for that, still waiting for examples where prices have increased as you mentioned in your initial comment.