Do falling property prices create opportunity?
About this episode
The episode discusses the implications of falling property prices in Australia, exploring both opportunities for buyers and pressures for sellers.
"No one wants to catch a falling knife." Australia’s property market is shifting fast. Home values have now fallen for five months in a row, buyer activity is down, auction results are softening, and 93 per cent of capital city suburbs recorded price falls through winter. But falling prices do not mean the same thing for everyone. For some buyers, it could mean opportunity. For sellers and heavily indebted households, the pressure is building. Carrington Clarke and ABC Business Correspondent David Taylor break it all down on ABC Business Daily. Read David Taylor's analysis on the latest property data here . Got a burning business question? We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.
People in this episode
Host: Carrington Clarke
Guest: David Taylor
Topics covered
- property market
- falling prices
- buyer opportunity
- seller pressure
- economic analysis
Keywords
- property prices
- Australia
- real estate
- buyer activity
- auction results
- economic news
Mentioned in this episode
Organizations: ABC Business Daily, ABC Australia
Places: Australia
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