Business
Prestige home values plunge – The Australian Financial Review
The upper end of the housing market is suffering deeper declines in values compared to the lower end of the market, but this could change once the border opens.
During the 2017-2019 downturn, Sydney’s upper end dropped by 17.3 per cent peak to trough, while the lower end fell by 11 per cent.
Melbourne’s top-end market suffered a 16.3 per cent loss in value …
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