House prices are falling at their fastest pace in 40 years but
Headline: Home prices in Australia are falling at their fastest pace since 2008 and could still suffer for first-time homebuyers. National home values have dropped by 6. 7% since March, according to Cotality. A fifth-rate rise in interest rates could lead to a $63, 400 decline in median home prices, a 11% reduction in purchasing power for a couple.
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Published 02 Nov 2026, 10:17 UTC · Updated 02 Nov 2026, 10:21 UTC
Summary by OZbrief Editorial. Original report: 7 News – Business. Editorial policy · Corrections
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