Australian home prices getting hit by rate hikes and tax hikes – is the super cycle boom from the mid -1990s over at last?
Key points National average home prices were flat in May according to Cotality, the weakest since January last year. Prices fell further in Sydney and Melbourne, and the boom time cities of Brisbane, Adelaide and Perth are seeing growth slow. The housing shortage and expanded 5% deposit scheme are being offset by rate hikes, low … Read more