ANZ Predicts Housing Dip Then Rebound | Australia News

Property prices could plunge nearly 15% over the next two years, with Sydney and Melbourne leading the drop—14.5% and 12.8% respectively—before rebounding by almost 5% by 2028. ANZ economists warn the market is cooling faster than expected, citing low auction clearance rates and stubborn high interest rates, but predict a nationwide recovery by late 2027, fueled by potential rate cuts and tight housing supply. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d653f7d05d7c3d65