Australia Real Estate still confident after the Reserve Bank announcement.

http://uchkconsulting.com/

The Australian Reserve Bank announced it will be holding the current rate yesterday. As record house prices are effecting the Melbourne and Sydney markets, the speculated rate reduction was predominantly over concerns for the record low in Iron Ore prices and the slowing resources segment of the Australian Economy. With the lowest interest loan rate since the 1960’s the Australian real estate market is hot, with investors globally taking advantage of the perfect investor conditions. 

https://au.news.yahoo.com/world/a/26968652/reserve-bank-expected-to-cut-interest-rates-amid-strong-sydney-housing-market-low-iron-ore-prices/