Australia’s housing market is definitely in a downturn – but let’s put that in perspective | Hal Pawson
While tax reforms and interest rate hikes have resulted in a slide in property prices across Australia, is the market truly in ‘freefall’? With national property values down by 5.2% in September from their March peak, Australia’s housing market is in a distinct downturn. This has sparked concerns voiced by the opposition leader, Angus Taylor, of a housing market “ in freefall ”. Translated into…
We haven't written up this one. The Guardian Australia has the full story — the link below goes straight to it.
