House prices fall for seventh consecutive month as interest rates dent demand
Originally published by The Guardian
Centre of downturn shifts away from Sydney and Melbourne, but after such strong growth most homeowners still sit on sizeable gains Get our breaking news email, free app or daily news podcast Australian home values have dropped for a seventh consecutive month, with prices in the capital cities now falling at the fastest pace in 40 years as rising mortgage rates scare off buyers. Cotality data shows the centre of the downturn is also shifting away from Sydney and Melbourne towards the mid-sized
Original reporting
Read the full story at the original publisher
PulsePress is a news discovery platform. We bring headlines from multiple publishers together so you can discover stories in one place. The complete reporting remains with the original publisher.
Read original article →