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Auction market hits stall speed as housing prices dive

Across the nation, the scope and breadth of housing price falls continue to expand, increasingly prompting forecasts of multi-decade record-high falls in housing prices. The largest falls among the five major capitals so far this cycle have been in Sydney, where prices are down 6.4% from the peak. At the other end of the spectrum, The post Auction market hits stall speed as housing prices dive…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

Read the original at macrobusiness.com.au →

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