
House prices are dropping faster than ever
7am
00:00
Introduction
Property prices in Australia are falling at the fastest rate on record. The average house price is around $53,000 lower than it was back in March. But even after this decline, there's concern that property in the major cities is still overvalued. Mike Second talks to Ruby Jones about what we're seeing and whether people will ever be able to afford a home.
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Transcript


