Professionals Real Estate 
RBA rates
Next RBA rate movement should be down but not likely until February 2013. The reason is due to last Wednesday’s CPI, which came in at 2% for the year. This means that the CPI is at the low end on the scale (2.3% inflation target), so there is room for movement prior to Christmas. Economists are suggesting that the RBA may wait until the December quarter CPI figures to make any changes. How does all of this affect you and your real estate decisions? Well, it’s all positive news for home buyers and sellers. The evidence is being seen with some of the best auction results in Sydney and Melbourne. We expect that Adelaide is not going to be very far from this.
