The Age
·general
·2 hours ago
Melbourne house prices fall as ‘unnerved’ buyers hold back
Melbourne's median house price fell 0.6 percent to $1,082,728 in the March quarter, the first decline in 18 months, as interest rate rises and cost-of-living pressures unnerved buyers. Domain chief economist Nicola Powell cited a "double whammy" of weak consumer sentiment and economic uncertainty deterring purchases.
Summary by Glance · The Age
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