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House Prices Lower than in April and Outlook Remains Tough
Summary by Sydney Morning Herald
6 Articles
6 Articles
Sydney Morning Herald+3 Reposted by 3 other sources
House prices drop across Australia
New data shows national home values fell by 0.9 per cent in August.
·North Sydney, Australia
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Australian house prices fell 0.9 percent in August, marking a fifth consecutive month of decline. Led by Sydney and Melbourne, the drop has brought prices down approximately 7 percent from their peak levels. There are concerns that the weakening housing market will increase pressure on economic growth and household spending.
Coverage Details
Total News Sources6
Leaning Left3Leaning Right0Center1Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
C 25%
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