
Australian Home Prices Post Sharpest Monthly Fall Since 2022
Australian home prices fell 0.7 per cent last month, the biggest monthly drop since December 2022, led by Sydney and Melbourne. #Housing #PropertyMarket #Australia
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Australian home prices fell 0.7 per cent last month, the biggest monthly drop since December 2022, led by Sydney and Melbourne. #Housing #PropertyMarket #Australia

More home listed for sale and a 13th interest rate hike are likely taking some heat out of the housing

There are many supportive factors pushing home values higher this Spring season across many areas of Australia. Property is showing
Sydney has led a turnaround in national property prices after the market tracked down for 10 straight months. The 0.6 per cent uptick in national home values as measured by … Continued
The post Migration, high rents put brakes on sliding home prices appeared first on The New Daily.
Tight housing stock has muted falls in home values, but experts warn the end isn’t in sight for declines this year. CoreLogic’s Home Value Index released on Wednesday shows a … Continued
The post Falls in home prices are slowing, but have not hit rock bottom appeared first on The New Daily.

Australia’s Reserve Bank is set to push up rates once again at its first meeting for the year on Tuesday, according to all but two of the 29 leading economists … Continued
The post Higher rates, falling home prices and real wages, but no recession: Economists’ forecast for 2023 appeared first on The New Daily.