The choice between buying a home and renting one is among the biggest financial decisions that many adults make. But the costs of buying are more varied and complicated than for renting, making it hard to tell which is a better deal. To help you answer this question, our calculator takes the most important costs associated with buying a house and computes the equivalent monthly rent. If you can re
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Today, in the Calculated Risk Real Estate Newsletter: Watch Months-of-Supply! A brief excerpt: Although inventory is well below normal levels, so are sales. I think we need to keep an eye on months-of-supply. Historically nominal prices declined when months-of-supply approached 6 months - and that is unlikely this year - but we could see months-of-supply back to 2019 levels later this year. What w
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R(ising) star? Large investment needs due to structural change may have raised the natural rate of interest, says Executive Board member Isabel Schnabel. Given that monetary policy may also impact real long-term rates, we must communicate our views prudently. Read the speech Consumers adapt to high inflation How have spending and saving habits changed to cope with high inflation between 2021 and 2
We are Australia’s central bank and serve the people of Australia. We conduct monetary policy, determine payments system policy, work to maintain a stable financial system, issue the nation’s banknotes, operate the core of the payments system and provide banking services to the government. Cash rate target 4.35 % Effective date 20 March 2024 Next update 2.30 pm, 7 May 2024 Cash rate target Inflati
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