“Listing volumes are up across most markets and strong sales are happening soon after auction.
“While every boom comes to an end, the market peaked in April and has subsequently stabilised. Buyers and sellers should expect a buoyant and active spring season and then a few years ahead of more modest capital growth.
“Buyers must prepare themselves for interest rate rises in the future, but any movement seems unlikely to happen until next year,” Mr Cunningham said.
The RBA will next meet on Tuesday, 3 October 2017.
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