Perfect Storm: Home Price Falls Are Spreading Like A Rash!

Well, it seems the truth about the current slide in home prices is emerging, as falls are now quickly spreading to almost every suburb in Sydney and Melbourne, and also into smaller capitals too – once regarded as a one way upward bet by many – as the perfect storm of high inflation, flat wages, three recent interest rate increases and the fear of more plus the changes to popular tax concessions all hit. While on average, residential real estate prices fell just 0.7 per cent to $928,421 across the country last month, that was the biggest monthly decline since December […]