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Australian house prices could fall another 10%, experts warn

Original: Property Experts Warning: Australian House Prices Could Fall Another 10%

Property commentators in Australia are warning that national house prices could drop by a further 10%, on top of declines already recorded. Businessman and property figure Mark Bouris is among those sounding the alarm, citing pressure from rising interest rates and weakening demand. Homeowners and prospective buyers are weighing what a continued downturn would mean for mortgages, equity and entry into the market.

Why now: Australian households are anxious about falling property values amid rising interest rates and cost-of-living pressure.

Mark BourisAustraliaAustralian property market

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• Property Experts Warning: Australian House Prices Could Fall Another 10% · Mark Bouris · 199.6K

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