RBA Expected to Leave Benchmark Rate at Record Low, CBA's Blythe Says

The transcript discusses the Reserve Bank of Australia's (RBA) challenges with low inflation and wage growth, and the impact of trade tensions on the Australian economy. It covers expectations for the Australian dollar, influenced by factors like interest rates and trade wars. The discussion also touches on commodity prices, particularly iron ore, and the effects of China's economic slowdown. Additionally, the transcript examines the housing market, noting the RBA's historical reluctance to raise rates when house prices are falling, and the current state of home loans and credit growth.

What factors are contributing to the current state of the property market?

What historical trend regarding interest rates and house prices has the RBA followed?