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As commentators and banks alike continue to revise housing price forecasts down, Australians are increasingly wondering how much further prices could fall.
With the release of the latest revised housing price data from Cotality, it can now be confirmed that housing prices are falling significantly faster than initially believed, particularly in the locales worst impacted by revisions.
There are often calls for more coverage of markets beyond Sydney and Melbourne, so today we have the full set of charts on housing prices since their peak and the impact of recent revisions across all locales covered in Cotality’s Daily Index.
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About the author
Tarric is an Australian freelance journalist and independent analyst who covers economics, finance, and geopolitics. Tarric is the author of the Avid Commentator Report. His works have appeared in The Washington DC Examiner, The Spectator, The Sydney Morning Herald, News.com.au, among other places.
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