Is the era of surging house prices over?
6/2/202615 min
House prices have begun to fall, with Sydney and Melbourne leading the downward trend.
So, will they bounce back or could it be, as some forecasts suggest, the start of a new cycle where house prices remain stagnant for decades.
Today, business editor Michael Janda on why this could be the correction young Australians have been waiting for.
Michael was also on Monday’s episode of ABC Business Daily with Carrington Clarke, discussing the latest house price data. Listen here: Why property is flatlining
Featured:
Michael Janda, ABC Business Editor
Clips
Transcript preview
First 90 secondsSpeaker 10:00
[upbeat music] ABC Listen. Podcasts, radio, news, music and more.
Rob Bergen0:05
[tense music] Jack McLennan was 27, fit, and visibly strong. He was trained well. He knew how to hit, and I was gobsmacked. He seemed ready for anything, but then he suddenly vanished.
Speaker 10:20
I was just talking to him last night. Like, how the hell does that happen?
Rob Bergen0:24
I'm Rob Bergen. Join me as I investigate what became of Jack in the new season of Unravel. There has to be something more nefarious going on. Search for the Unravel podcast on ABC Listen or wherever you get your podcasts.
Sam Hawley· Host0:36
[upbeat music] House prices have begun to fall, with Sydney and Melbourne leading the downward trend. So, will they bounce back, or could it be, as some predict, the start of a new cycle where house prices remain stagnant for decades? Today, business editor Michael Janda on why this could be the correction young Australians have been waiting for. I'm Sam Hawley on Gadigal land in Sydney. This is ABC NewsDaily. [upbeat music] Michael, right now, the question is being asked,