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House values fall – but homes are not getting more affordable
Rate rises, unaffordable homes and the government’s tax changes are behind another fall in value of the nation’s homes.
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theage.com.au
House values fall – but homes are not getting more affordable
Rate rises, unaffordable homes and the government’s tax changes are behind another fall in value of the nation’s homes.
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abc.net.au
Home prices 'fully in decline' with biggest national fall since 2022
Australian home values record their biggest decline in more than three years as the housing market slowdown that began in Sydney and Melbourne spreads across the country.
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theguardian.com
House prices fall in four capital cities as Sydney values drop nearly $50,000 this year
More than half of homes taken to auction not selling while median property price in Adelaide started to slide in June
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afr.com
Sydney, Melbourne price declines deepen in ‘glum’ housing market
The NSW capital is leading the downturn and its upper end is falling the fastest. Even the boom towns of Perth, Brisbane and Adelaide are easing.
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straitstimes.com
Australia home prices suffer steepest monthly fall since 2022 as higher rates burst bubble
Record housing boom succumbed to higher borrowing costs, while a tax clampdown on investment properties rattled buyers. Read more at straitstimes.com. Read more at…
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House values plummet to four-year low
A perfect storm of interest rate increases and property tax changes has led to the sharpest fall in national house values in almost four years.