Property boss warns of continued house price falls

Summarised from 2 outlets · Updated 8 Oct, 00:55 · Archive

The head of a major property listings website predicts continued weakness in the residential market with prices falling further.

The head of a major property listings website has predicted continued weakness in the residential market, with house prices likely to fall in the coming months.

The forecast suggests the residential property sector will remain under pressure in the near term, though the outlets did not provide further detail on the predicted scale or timing of the declines.

How it is being reported

• Big bank, real estate site in lockstep on house pricesThe head of a major property listings website sees continued weakness in the residential market, with prices likely to continue to fall in the coming months.Perth Now · 8 Oct, 00:42
• Big bank, real estate site in lockstep on house pricesThe head of a major property listings website sees continued weakness in the residential market, with prices likely to continue to fall in the coming months.The West Australian · 8 Oct, 00:42

In this story: Major property listings website

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem