Home price falls accelerated in August – three reasons why this property downturn will likely be different | AMP Capital
Home price falls accelerated in August – three reasons why this property downturn will likely be different Key points Australian home prices fell another 1.6% in August and are now down by 3.5% from their high. Rising mortgage rates are the main driver and there is likely more to go. We continue to expect a 15-20% top to bottom fall in home prices out to the second half of next year, followed by a …