Property prices forecast to fall 8% by 2027
Australian property prices are forecast to decline by up to 8% by the end of 2027, according to banking giant HSBC. National dwelling values fell 0.4% in June, with price declines spreading beyond Sydney and Melbourne. Housing tax changes combined with interest rate rises are expected to deter first home buyers and owner-occupiers from entering the market.See omnystudio.com/listener for privacy information.
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