Sydney house prices to drop 16pc in ‘largest downturn on record’, says Commonwealth Bank
The major lender says interest rate increases and Labor’s changes to property tax concessions will create the largest residential real estate downturn ever.
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'Largest property downturn in 40 years' in sight as house prices fall for seventh time - ABC News
Australian home values are on track to hit their fastest decline in 40 years as interest rates rise and first-home buyers find it even harder to enter the market