Business
Appetite Drives House Prices Down 10pc: ANZ – The Urban Developer
ANZ economists expect house prices to bottom out 10 per cent down in the second half of 2021…
^Source: CoreLogic, ANZ Research
The most recent results from ANZ show Melbourne dwelling prices fell 2.2 per cent between March and July, the biggest fall of any jurisdiction with lockdowns likely to exacerbate the situation.
The confidence hit from Victoria and the international border closure will remain a negative for the Sydney housing market for a while which remained flat before falling 0.6 per cent in July.
The impact was less felt in Queensland with prices remaining steady however bu…
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