Brisbane and Sydney hit hardest by falling house prices as 5.2% shaved from Australian property values

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Guardian World

Brisbane and Sydney hit hardest by falling house prices as 5.2% shaved from Australian property values

Cotality data shows median house prices fell in September as interest rates hit borrowing capacity Get our breaking news email, free app or daily news podcast Housing prices are falling in almost every suburb in Australia’s biggest cities, with values dropping faster in Brisbane than Sydney as the slowdown intensifies. Prices nationally have fallen 5.2% from their peak in March to where they were a year ago, Cotali…