Sydney house prices fall 1.9pc in just four weeks - The Australian Financial Review
7/25/2022 12:00:00 AM2 years 9 months ago
by Nila Sweeney
by Nila Sweeney
Prices fell by the fastest pace in more than 40 years, while Melbourne dropped by 1.2 percent as the rapidly rising interest rates took its toll, data from CoreLogic shows.
Since peaking in mid-February, Sydneys housing values had fallen by 4.8 per cent and Melbourne by 3 per cent since its March peak. Both cities are now recording a faster rate of decline compared wit… [+2687 chars]
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