Australian housing to the rescue - but is it too hot?

Please click the link below to view Shane Oliver's views on the Australian housing market.

Key points are

Australian housing has seen a normal response to lower interest rates. House prices are up and a building boom is on the way. This will help the economy rebalance.
The home buyer market is a long way from the bubble conditions of ten years ago, but the risk of a bubble is rising.
The housing recovery tells us the next move in interest rates is up, probably from around September / October.

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