Australian property prices fall as home owners become more pessimistic

  • Thread starter Nicholas Wallwork
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Nicholas Wallwork

Nicholas Wallwork

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The price of residential property in Australia fell for a second consecutive quarter and are expected to continue to decline as housing affordability becomes more of a factor for buyers. Australian home owners are increasingly pessimistic about the real estate market as rising unemployment and constrained sales dampen growth expectations, according to the latest Quarterly [...]

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Investment Guru

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I have read blogs regarding or making this drop move to our advantage. It says that it is a good time to move to a larger house as prices for such a house will be lower. Those planning to make a move like this will benefit from this drop.
 
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