Earlier this month, I reported the first sign of a potential downturn in the Sydney housing market, with prices and auction clearances in the west of the city falling sharply, according to Domain:
…prices in the west have slipped by 7.3 per cent over the month of September and the auction clearance rate has hit a dismal 56.4 per cent – a massive drop from Sydney’s record rate of nearly 90 per cent in May.
