Melbourne house prices in freefall (beware of bursting housing bubbles)

by Boo_Randy

 

https://www.macrobusiness.com.au/2022/09/melbourne-house-prices-in-freefall/

Melbourne’s house price bust has hit a new milestone, according CoreLogic’s daily dwelling values index.

The quarterly rate of value decline accelerated to 4.0% as of 10 September – the fastest rate of decline since February 2019:

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