Australian house prices falling at fastest rate in a decade, data shows

Sydney and Melbourne properties have now dropped 11.1% and 7.2% respectively compared with 2017 peak

House prices have fallen the most in a single quarter since 2008, according to new data for December.

Compared with their 2017 peak, Sydney and Melbourne’s house prices have now dropped 11.1% and 7.2% respectively, and a sharp fall in the December quarter hints that the decline is picking up pace, according to data researcher CoreLogic.

Continue reading…

Read More Australian house prices falling at fastest rate in a decade, data shows

Related Post