The West Australian ·australia ·1 day ago

Mark Bouris predicts further decline as home lending plummets 28%

Mark Bouris, founder of Yellow Brick Road, warned that the collapse of home lending in Australia will worsen, predicting that property prices will continue to decline. Mortgages sold through his business have decreased by 28 percent since March, with only 3 percent of clients now purchasing homes. This trend marks the largest downturn in home loans on record.

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Published 12 Nov 2026, 00:48 UTC · Updated 12 Nov 2026, 00:50 UTC

Summary by OZbrief Editorial. Original report: The West Australian. Editorial policy · Corrections