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Oct 28, 2022

You can be forgiven for believing that the Reserve Bank of Australia is expecting, and is predicting, that our house prices will drop 20%.

After all, that’s what media is telling us, constantly, of late.

Many news media outlets have stated, categorically, that the RBA has forecast a 20% drop in prices.

In fact, many journalists have gone a step forward and stated that house prices WILL fall 20% - without any possibility of it not happening – because the Reserve Bank says so.

But here’s the thing: it’s a lie. The Reserve Bank has not made that forecast.