What would a house price fall mean for Australians?
Australian house prices are facing a potential decline, with NAB forecasting a 2 percent drop in major cities. Investment bank Morgan Stanley predicts a correction of 5 to 10 percent, marking one of the largest price declines in 40 years. Last month, Sydney alone experienced a 1.2 percent decrease in property values.
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Summary by OZbrief Editorial · ABC News – Top stories · Source
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Published 02 Jul 2026, 18:48 UTC · Updated 02 Jul 2026, 18:50 UTC
Summary by OZbrief Editorial. Original report: ABC News – Top stories. Editorial policy · Corrections
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