Australia Real Estate WORST DROP Since 1990! Prices Down 8.2% In Sydney!

Those people in Australia and New Zealand, let me know what you’re seeing with real estate right now in 2018.

Real estate in Australia has once again fallen further down. This is a definitely trend that has not let up. All throughout 2018 we have seen prices in Sydney in particular come down to a level which has started to worry market analysts who in fact expect this rout to worsen throughout 2019. For homeowners who are barely above water with their massive mortgages, what does this mean for them?

 

House prices: Are real estate agents hiding bad sales results?

www.news.com.au/finance/why-its-so-hard-to-figure-out-what-price-a-house-sold-for/news-story/e4190982f01135d9f8aa8d10fb3512f5

Cameron Kusher on Twitter: “To October 2018, Sydney dwelling values are -8.2% lower than their peak. Since 1980, the only larger decline recorded in Sydney was a -9.6% fall in values which started just before the last recession. This decline is now longer and deeper than most with little sign of abating.… t.co/jeMmuhEDVK

twitter.com/cmkusher/status/1059220377765785600/photo/1

Australia’s property slump casts doubt on household spending, Real Estate – THE BUSINESS TIMES

www.businesstimes.com.sg/real-estate/australias-property-slump-casts-doubt-on-household-spending-0

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www.zerohedge.com/sites/default/files/inline-images/five%20eonomist%20predictions%20.png?itok=3N8Ys8Y-

Cameron Kusher on Twitter: “The other question is how long will values take to return to peak levels, Historically it has been pretty quick but has tended to happen on the back of falling interest rates or Government stimulus. Neither is out of the question but both look unlikely at this stage.… t.co/ofck2mLGI6

twitter.com/cmkusher/status/1059220758210048000/photo/1

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www.afr.com/content/dam/images/h/1/7/d/1/k/image.imgtype.afrArticleInline.620×0.png/1541027632829.jpg

What economists predict for Australian house prices in 2019

outline.com/Y3EL5y

Property prices named the worst thing about Australia

www.news.com.au/finance/real-estate/brisbane-qld/property-prices-named-the-worst-thing-about-australia/news-story/35af19fa5b139b790b3d3dd613ca49d6

Australia’s Best Mortgages | Home Loans from 3.44% | RateCity

www.ratecity.com.au/home-loans/best-mortgage

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