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EconomyAustralia’s home prices extend declines in August as downturn deepens

Australian home prices dropped for a fifth consecutive month in August, with the housing slump reaching more cities and regional areas, according to data. The prospect of additional policy tightening could make conditions even tougher.

Australiahome priceshousing market

RReuters★★★☆☆2026-08-31 16:45Original

Australia’s home prices extend declines in August as downturn deepens
Australia’s home prices extend declines in August as downturn deepensEconomy