Archive · Guardian World
Brisbane and Sydney hit hardest by falling house prices as 5.2% shaved from Australian property values
Cotality data shows median house prices fell in September as interest rates hit borrowing capacityGet our breaking news email, free app or daily news podcastHousing 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. Continue reading...
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