Should we expect interest rates in Australia to rise this year?

The Reserve Bank of Australia

The Reserve Bank of Australia Source: Getty Images

Interest rates in Australia may raise by 1.75 percent by March 2024


The Reserve Bank may have put interest rates on hold but analysts warn rises are on the way later this year.

For now though - values are continuing to increase.

CoreLogic says the median national house price rose 1.1 per cent in January but affordability constraints are starting to show in the data.

The two cities with the slowest rates of growth were Sydney and Melbourne - they're also some of the country's most expensive markets.

The two best performing cities were Brisbane and Adelaide.

While House prices continue their rise across Australia, there are more signs the growth rate is stabilising.


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