Australia’s housing market is definitely in a downturn – but let’s put that in perspective | Hal Pawson
While tax reforms and interest rate hikes have resulted in a slide in property prices across Australia, is the market truly in ‘freefall’?
With national property values down by 5.2% in September from their March peak, Australia’s housing market is in a distinct downturn. This has sparked concerns voiced by the opposition leader, Angus Taylor, of a housing market “in freefall”.
Translated into dollar terms, using the Domain property price series, the price of a typical home has dropped to about what it would have fetched one year ago.
Share this article
←
Previous Article
Morning Mail: Australians buried in unmarked graves; proposal to nationalise supermarkets; and revisiting Sandpapergate
Next Article
OpenAI to reiterate apology to Australia over Medicare hack as inquiry told artists risk becoming ‘roadkill’
→
Local News View All →
Hunter Valley community group wins landmark high court climate change case over Mount Pleasant coalmine
October 7, 2026
Comedian Dave Hughes to stop speaking at Liberal party events over political donation concerns
October 7, 2026
Richard Morecroft, veteran ABC news presenter, dies aged 70 after cancer diagnosis
October 7, 2026
