In its first cash rate decision for 2023, the Federal Reserve Bank has announced a rise to the official cash rate, increasing it by 25 basis points from 3.10% to 3.35% in response to continued inflationary pressures.

Our video also takes you through an overview of the state of the property market, including a breakdown across all capital cities of the changes in dwelling values over the past month, as well as over a period of 12 months.

Click the video below to view our February update.

With interest rates increasing, contact us today to get a better understanding of how market changes will impact your next property purchase.