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Housing market downturn is affecting property prices, especially in Sydney and Melbourne, but is it the correction we had to have?
Michael Read on what’s going on in the housing market, whether it’s the correction we had to have, and why politicians don’t want to call it that.
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Property hit: affluent inner-city and waterfront suburbs in Sydney and Melbourne have had the sharpest decline in house prices
https://www.afr.com/property/residential/where-house-prices-have-fallen-the-most-since-the-federal-budget-20260630-p60b6gAustralian housing price growth slows across capitals as Sydney and Melbourne lead national downturn
https://www.afr.com/property/residential/sydney-melbourne-price-declines-deepen-in-glum-housing-market-20260629-p60av7Sydney and Melbourne house price downturn shows how interest rates and tax changes are hitting blue-chip suburbs hardest
https://www.afr.com/property/residential/where-house-prices-are-falling-the-most-in-sydney-melbourne-20260622-p60929Australian property prices fall across Sydney, Melbourne, Brisbane and Adelaide as real estate downturn accelerates
https://www.afr.com/property/residential/top-end-property-prices-hit-hardest-as-housing-slump-deepens-20260731-p60kcdSydney housing market values fall 0.9pc, faster than Melbourne in May as investor activity and consumer confidence decline
https://www.afr.com/property/residential/sydney-now-leads-melbourne-in-race-to-bottom-of-housing-market-20260529-p601zd