Home prices fall in parts of Sydney as ‘buyer's market’ looms
/Home prices have begun to fall in parts of Sydney following a dramatic rise in listings and a drop in demand as would-be buyers give up hope of an early rate cut.
Home prices have begun to fall in parts of Sydney following a dramatic rise in listings and a drop in demand as would-be buyers give up hope of an early rate cut.
Adelaide's property market has surpassed expectations and this year has continued to surprise. But this level of growth may not last long, experts say.
Read MoreHouseholds will need to wait a little longer before interest rates come down, with recent inflation figures not quite low enough to convince the Reserve Bank to cut rates just yet.
Despite already being the most expensive place to buy a home in Australia, Sydney continues to break new records, with its median home price up 6.39pc in the past year to $1.107m.
Read MorePristine beaches, buzzing cafes and a laid-back coastal lifestyle, a popular tourist hotspot attracting cashed-up city buyers could be on the cusp of a major revival.
Migration into Australia has been fuelling a housing crisis, research from think tank the Institute of Public Affairs has revealed.
Read MoreMacdonald Education Trading as The Australian Real Estate Training College | RTO 91003 | ABN 26 002 664 771 | Create your future
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