Westpac predicts an 18 per cent house price plunge in Sydney, Melbourne - Daily Mail


8/22/2022 12:00:00 AM2 years 8 months ago
by Stephen Johnson

The Westpac bank is forecasting an 18 per cent plunge in Sydney and Melbourne house prices by the end of next year. But they are far from the only cities facing a big drop as rates surged.

Westpac bank is forecasting an 18 per cent plunge in Sydney and Melbourne house prices by the end of next year. A series of interest rate rises since May - the steepest in almost three decades - has… [+5050 chars]

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