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Key takeaways for homeowners | If you are considering selling, current market conditions are highly favourable.

Mortgage rates remain stable, preserving potential buyers' purchasing power. Limited available homes continue driving strong buyer interest and reduced discounting. Well-priced and attractively presented homes are selling quickly.

Economists anticipate two more rate cuts later this year. If RBA cuts rates again by 0.25% in August, expect an increase in borrowing capacity by around A$9,000 per buyer. Such a move could further stimulate property prices, especially in areas with limited housing supply.

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