Westpac’s unilateral rate rise fuels nervousness and analyst predicts prices could start falling by 2017 in Australia’s two boom property marketsThe Sydney and Melbourne property markets are showing signs of cooling off,with auction clearance rates dropping over the past week.
Related: Housing market cools as original dwellings help ease the squeeze, says Treasury Related: Sydney house prices jump 22% in one year to reach $1m median, and report says Continue reading...
Source: theguardian.com