Shock win ‘will boost local real estate sales’

Original article by Scott Murdoch
The Australian – Page: 4 : 10-Nov-16

Donald Trump’s US presidential victory is likely to result in an interest rate rise in the US, increasing the likelihood of a cut in Australia’s 1.5 per cent official cash rate. LJ Hooker’s head of research Matthew Tiller says foreign investors will be less willing to invest in US property, and Chinese buyers in particular are likely to switch to Australia.

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LJ HOOKER (AUSTRALIA) PTY LTD, REPUBLICAN PARTY (UNITED STATES), REA GROUP LIMITED – ASX REA, RESERVE BANK OF AUSTRALIA

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