The Age
·general
·4 hours ago
The type of home where prices are falling most right now
The family home market has experienced significant value declines, with Sydney's upper quartile houses dropping 2.4 percent and Melbourne's by 1.9 percent in the three months to March. Conversely, entry-level properties continued to rise, boosted by incentives like the federal 5% Deposit Scheme. This trend highlights ongoing affordability challenges for middle-income households amid rising interest rates.
Summary by Glance · The Age
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