Weakest property market since 2008: Sydney, Melbourne house prices tumble

📆 1/1/2019 8:45 PM
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Sydney’s dwelling prices have fallen back to the same level in August 2016, before the peak of the real estate boom | JennieDuke

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JennieDuke Great news - a few more years like this and the banks will have lost their stranglehold on new home buyers.

JennieDuke Great stuff - nice to see someone that understands the importance of highlighting the difference between Sydney (and the suburbs within it), Melbourne and the remaining States. Interesting piece.

JennieDuke These are all inflationary residential prices from money printing after the GFC

JennieDuke Oh No! The worlds gunna end

JennieDuke Wow really or is it that the prices are heading to where they should be .... maybe an inquiry should be held into the practices of the real estate industry as they and the banks seem to do what ever they want ......

JennieDuke Good

JennieDuke Still an amazingly overpriced city for what you get versus price compared to most other places on the planet.

JennieDuke Excellent.

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Weakest property market since 2008: Sydney, Melbourne house prices tumbleAustralian house prices have recorded their largest drop since the height of the GFC, with Sydney and Melbourne leading the way down. This is what happened when you make it difficult for the wealthy Chinese to buy. Excellent! Liberal Parties Fault?
Source: theage - 🏆 8. / 77 Read more »