Housing Market Slows Amid Policy Shifts | Australia News

Australia’s housing market just took a hit, with prices falling across the board in June — Sydney led the drop, marking the biggest monthly decline since last year. New government tax policies targeting investors are hitting hard, chilling buyer sentiment as interest rates climb and affordability tightens. While some cities like Brisbane and Perth still show growth, the national trend is cooling. Experts say first-time buyers won’t face negative equity unless forced to sell, and the government hopes these changes will finally level the playing field — slowing growth but making homeownership more attainable for more Australians. 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/dc3592766d72e92c