RBA Cash Rate September 2022: From Trough to Peak: How Bad Is Today’s Market?
The Property Couch
00:00
The Coved Trough to Peak Growth Story
Our national dwelling prices recorded their fourth consecutive monthly falls, declining by one point six % in august. This is the largest monthly decline since january nineteenth 19 83. House prices are now fallen by three point five % since may of this year, when the housing orrection kicked off. Generally speaking, its clear markets are giving up some of ther gains they enjoyed over the recent growth period. However, adelaide, perth and darwin still remain in growth territory if you look at that over quarterly period. But one would expect adelaide and perth are to also join the declining club in the coming months.
Transcript
Play full episode
