ABC News – Top stories
·general
·1 hour ago
Property market shifts from 'urgency to caution' as buyers step back
Buyer demand in the Australian property market weakened significantly after the May federal budget tax reforms, affecting investor confidence. Joshua Goodfellow, 18, has paused his house hunt, citing recent interest rate hikes and policy changes. Cotality data reveals a drop in auction clearance rates to 43.1 percent, reflecting a broader trend of declining sales and cautious buyers.
Summary by Glance · ABC News – Top stories
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