Property prices in Sydney, Melbourne fall sharply, new research shows
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Source: The Age
Published: 2026-06-01 00:01 UTC+10:00
Section: Politics / Federal
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Science, Australia, Economy & Finance, Financial Markets, Tax & Budget, Property & Housing, Business & Economy
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Snippet:
Price growth across the national property market has ground to a halt, with steep falls in Melbourne and Sydney as higher interest rates, stretched affordability and the federal government’s overhaul of tax incentives combine to suppress values.
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