SMH ·general ·4 hours ago

The type of home where prices are falling most right now

Falling property values have primarily impacted the upper quartile housing market, with Sydney and Melbourne experiencing declines of 2.4 percent and 1.9 percent, respectively, in the three months to March. In contrast, lower quartile homes saw value increases of 2.5 percent in Sydney and 0.6 percent in Melbourne, spurred by affordability incentives for first-time buyers.

Summary by Glance · SMH

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