September 1, 2026 — 12:01am

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Property values are falling in almost every suburb in the country, with $40,000 wiped from the median value of the nation’s homes through winter as high interest rates, the federal government’s budget tax changes and low levels of affordability crunch the entire market.

Figures released by Cotality show the value of 93 per cent of all properties in capital city suburbs fell during winter, double the proportion that had gone backwards during autumn, creating an economic problem for the Reserve Bank and a…

Read the full article at SMH.COM.AU