Obviously. Via the AFR:
A sharp fall in property sales across Australia, with record lows in regional Victoria, South Australia and Queensland as well as Darwin over the December quarter, is indicative of a bank-driven credit crunch rather than dampened demand from a Sydney and Melbourne-concentrated downturn, industry experts say.
…an analysis by buyers’ agency Propertyology of the latest quarterly ABS data showed significant declines in the number of property sales over the quarter in every single capital city and regional area, including the nation’s property hotspot, Hobart.
