House Prices Plummet for Sixth Consecutive Month as Experts Warn of Greater Falls

A buyer's market without buyers: Housing downturn deepens with nationwide falls

Australian property values have declined for the sixth month in a row as the cost of living takes its toll on buyers.

Housing market on track for its steepest downturn in 40 years

Four interest rate increases and changes to tax concessions for property investors wiped 1.1 per cent off residential values in the past month alone.

House prices plummet for sixth consecutive month as experts warn of greater falls

Australian house prices fell for a sixth straight month in September, and the property market is likely to continue experiencing falls of up to 15 per cent in the coming months off the back of higher interest rates and cuts to property tax breaks, experts say.

Brisbane and Sydney hit hardest by falling house prices as 5.2% shaved from property values nationwide

Housing prices are falling in almost every suburb in Australia’s biggest cities, with values dropping faster in Brisbane than Sydney as the slowdown intensifies. Prices nationally have fallen 5.2% from their peak in March to where they were a year ago, Cotality data released on Thursday shows. Economists say prices are on track to fall […]

Home values fall for sixth month as rate rise adds to buyer pressure - The Indian Sun

Australian home values fell for a sixth consecutive month in September, with the housing slowdown spreading across almost every capital city before the Reserve Bank’s latest interest rate rise. Cotality’s national Home Value Index dropped 1.1 per cent for the month, leaving dwelling values 5.2 per cent below their March peak. Brisbane recorded the steepest […]