Sydney house prices still 20% above pre-pandemic levels despite rising interest rates
by Cait Kelly from on (#60F10)
Economists say while property prices could come down by up to 20%, affordability has never been worse'
House prices in Sydney remain more than 20% above pre-Covid levels despite rising interest rates, as economists warn housing affordability has never been worse".
After hitting record highs in January, Sydney house prices have dropped -1.5%, but remain 22.7% above pre-2020 levels, according to CoreLogic data.
Continue reading...