Despite the Australian housing market slowing down in recent months, February has seen a subtle reverse in that trend. The national median home price fell 0.7 per cent in February to $524,478, according to data released Friday by CoreLogic, a level last seen in September 2016. This rate of house price decline in February is probably not enough to deter economists that Reserve Bank rate cuts are just around the corner. * Sydney: -1.0 pct, -4.1 pct, -10.4 pct * Melbourne: -1.0 pct, -4.1 pct, -9.1 pct * Brisbane: -3.0 pct, -0.7 pct, -0.5 pct * Adelaide: flat, -0.1 pct, 1.0 pct * Perth: -1.5 pct, -3.5 pct, -6.9 pct * Hobart: 0.8pct, 1.1pct, 7.2pct * Darwin: -1.7 pct, -5.1 pct, -5.3 pct * Canberra: -0.2 pct, 0, 3.4 pct * National: -0.7pct, -2.7pct, -6.3pct In light of these facts, we asked Financial Advisor Bishwas Bhattarai is the market bouncing back?
Click play on the media player above to listen to our conversation with Mr Bhattarai
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