Australian Housing Prices Begin To Fall

SYDNEY, AUSTRALIA - SEPTEMBER 07: The Sydney city skyline is seen from the suburb of Balmain on September 07, 2022 in Sydney, Australia. A rise in cost of living and increased mortgage rates are putting pressure on the Australian housing market, with prices predicted to continue to fall sharply over the coming year. Recent figures from property consultant CoreLogic show the largest monthly decline since 1983, after peaking in April, values are now down by 3.5% nationally. (Photo by Lisa Maree Williams/Getty Images)
SYDNEY, AUSTRALIA - SEPTEMBER 07: The Sydney city skyline is seen from the suburb of Balmain on September 07, 2022 in Sydney, Australia. A rise in cost of living and increased mortgage rates are putting pressure on the Australian housing market, with prices predicted to continue to fall sharply over the coming year. Recent figures from property consultant CoreLogic show the largest monthly decline since 1983, after peaking in April, values are now down by 3.5% nationally. (Photo by Lisa Maree Williams/Getty Images)
Australian Housing Prices Begin To Fall
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Credit:
Lisa Maree Williams / Stringer
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1421481082
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07 September, 2022
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