NAB warns Sydney, Melbourne house prices could fall more than 20% by 2023, below pre-COVID-19 values - The Australian Financial Review
6/29/2022 12:00:00 AM2 years 10 months ago
by Nick Lenaghan
by Nick Lenaghan
After a 25.3 per cent surge in 2021, Sydney prices are expected to fall by 8.8 per cent this year and 13.4 per cent in 2023, NAB’s revised forecasts show.
What were seeing at the present is a bit of fear. NAB expects Melbourne prices to fall 14.1 per cent next year, while Brisbane and Adelaide will turn sharply negative by 16.3 per cent and 16.3 per c… [+1213 chars]
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