Housing hotter ahead of RBA forecasts

NAB Morning Call · Nov 3, 2025 · 16m

Tuesday 4th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe Australian housing sector is certainly picking up, with prices rising and a sharp increase in dwelling approvals last month, particularly for units. An interesting backdrop for today’s RBA meeting. NAB’s Sally Auld says house prices are not targeted by RBA policy, but the wealth effect does increase consumer spending, something which the central bank will be cognisant of. Does that mean the RBA’s next move could be up? That’s a question Phil puts to Sally and one that…