Interest rates up, but property prices soar in Pilbara region

By David Olsen · 5 May 2010 · Cashflow

Full details: Interest rates up, but property prices soar in Pilbara region

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Summary

The Reserve Bank of Australia (RBA) increased interest rates yesterday by 25 basis points percent to 4.5 percent as house prices in Western Australia’s Pilbara region continue to soar.

Tags: GFC, Glenn Stevens, House Prices, Interest Rates, monetary policy, Pilbara, Rba, Western Australia