Major spike in home owners cutting sale price as ‘negative energy’ dampens property market
--------------------------------------------------------------------
Source: The Age
Published: 2026-04-10 05:00 UTC+10:00
Section: Business / Companies
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Australia, Energy, Economy & Finance, Financial Markets, Property & Housing, Business & Economy
--------------------------------------------------------------------
Snippet:
Home owners are cutting asking prices up to 60 per cent more often than in 2025, as soaring fuel costs and rising interest rates dampen buyer interest in Sydney and Melbourne.
--------------------------------------------------------------------