This sort of fall takes house prices back to where they were only a few years ago, when the headlines were about the insane unaffordability. It's the more expensive homes (already over inflated) which are experiencing a drop - the lower end of the market has barely moved.
@jessicaperthwa.bsky.socialwww.theguardian.com/australia-ne.... Good news #news #Aus
theguardian.com
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 capacity
