House prices in Australia predicted to keep falling, with Melbourne and Sydney units to take biggest hit

in #news7 years ago

Housing in Sydney is definitely over-priced still. It's about time the housing market cooled downed a bit. In particular, I agree there is an oversupply of apartments on the market, and think apartment prices will decline quite a bit.
http://www.abc.net.au/news/2018-04-10/house-prices-to-keep-falling-with-melbourne-and-sydney-in-lead/9636060

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Well that's a good thing if you're a consumer and a potential real estate investor with a long term focus. So it's not all bad

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