Australia nears 'largest property downturn in 40 years' as prices plunge
Summary
House prices have fallen for a seventh consecutive month, with the speed of the decline tracking at the fastest pace in 40 years, according to a property research group.
Description from ABC News (Australia).
Who is covering this
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House prices continue to fall as homeowners await rate decision
House prices have fallen for a seventh consecutive month, which experts suggest could represent the steepest downturn in 40 years. Meanwhile, new polling shows everyone is still fed up and trust in politicians is declining.
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Australia nears 'largest property downturn in 40 years' as prices plunge
House prices have fallen for a seventh consecutive month, with the speed of the decline tracking at the fastest pace in 40 years, according to a property research group.
