Housing downturn could run longer than previous corrections: property economist | ABC NEWS

Independent property economist Cameron Kusher explains that high inflation, supply issues, interest rate hikes and tax changes are creating a 'perfect storm' for a housing downturn. He says prices could fall by 10 percent before the market stabilises. At the same time, buyer and seller sentiment has shifted, with many waiting to see what happens.

Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-01-22/australian-real-estate-median-home-prices-domain-report-millions/106251932

Note: In most cases, our captions are auto-generated.

#ABCNEWS #ABCNEWSAustralia