High-end property hit by steepest price falls as affordable end of Australia’s housing market proves resilient

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Guardian World

High-end property hit by steepest price falls as affordable end of Australia’s housing market proves resilient

Despite falls in some parts of the market, prices are showing signs of stabilising as investors exit and first-time buyers move in, analysts say Get our breaking news email, free app or daily news podcast High-end homes are recording steep price falls, while more affordable properties are proving resilient, leaving Australians to experience the market downturn in very different ways, new data shows. Upper-quartile …