First home buyers told to move despite continuing property price growth, with expected interest rate

Australians with deposits saved for a property are being advised to get in while they can with an expected increase in interest rates later this year set to make cracking the market even more difficult.

Despite some slowing in the rate of property price growth after rapid increases over the past year, head of consumer research at Finder Graham Cooke said economists forecast that prices will return to a normal growth rate of between three and 5 per cent.

Read More: https://7news.com.au/business/property/if-youve-got-a-deposit-saved-now-is-a-good-time-to-buy-a-property-heres-why--c-5533479