Guardian Australia
Guardian Australia
Australia · 20 hrs ago

House prices could fall 10%, analysts predict, as fourth interest rate hike looms

Cotality data reveals property prices are now falling in more than 90% of Australian suburbs, while economists expect market downturn to continue Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast The prospect of the steepest property market downturn in history will not stop the Reserve Bank from delivering a fourth interest rate hike as it battles to bring inflation back under control, economists say. New data from Cotality…
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