12 July, 2025

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property downturn

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Property downturn biggest on record

The Reserve Bank’s aggressive interest rate hiking cycle has triggered the largest housing market decline on record. The 8.4 per cent drop between May 7 2022 and January 2023 is … Continued

The post Property downturn biggest on record appeared first on The New Daily.

The New Daily January 9, 2023

Auction sales plunge as property downturn bites

Australians are rushing to auction their homes as the property market sours – but new data reveals many are struggling to find buyers. CoreLogic figures published on Tuesday showed just … Continued

The post Auction sales plunge as property downturn bites appeared first on The New Daily.

The New Daily July 26, 2022