House prices may pick up in 2020: HSBC

NEWS: More economists have revised their forecasts for Australia's housing market, with the Reserve Bank expected to begin cutting rates next week.

1 min read

Published 29 May 2019 9:53am

Updated 29 May 2019 10:17am

By AAP-SBS

Presented by Tanu Attajarusit

Source: AAP, SBS

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House prices should stop falling later this year and could even rise a little in 2020, an economist predicts.

HSBC chief economist Paul Bloxham says there are now some signs the housing market is starting to stabilise.

You can read the full version of this story in English on SBS News here.