In its recently released Financial Stability Review report, the Reserve Bank of Australia informed that in the near term, risks from falls in housing prices have reduced but still exist.
As per RBA:
- The increase in housing prices and prices in Sydney and Melbourne has reduced the risk that sustained falls in housing prices;
- However, the rental vacancy rate in Sydney is relatively high;
- The fall in housing demand and prices over the past couple of years and tighter credit supply for developers, has resulted in residential building approvals falling sharply.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.