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Australian home prices post steepest fall in 40 years, seventh straight monthly drop

Economist Peter Esho says big-city markets are 'close to bottoming'

1 Nov 1 9:00 AM · 12d ago · 1 article · 1 source · development 1 of 4

13x chief executive Peter Esho argued Sydney and Melbourne were nearing the bottom of the cycle while mid-sized capitals were earlier in their downturn, and said he did not expect the falls to become systemic absent a borrowing freeze or a surge in unemployment.

Economist Peter Esho says big-city markets are 'close to bottoming'
Guardian

“The downturn is just part of a normal housing cycle, driven by interest rates, which are having a negative wealth effect.”

Peter Esho, economist and CEO of 13x

Gerard Burg Cotality head of researchTim Lawless Cotality research directorPeter Esho Economist, CEO of 13xReserve Bank of Australia Central bank

The whole story articlespostscomments the bright band is this development · numbered dots are the others · click one to jump

Peak 8 pieces in 3h at Nov 1, 7 AM; 13 pieces over 13 days (6 articles · 2 posts · 5 comments) Nov 1, 7 AM — 8 pieces · 4 articles · 1 post · 3 comments — Reddit 4, Newswires 3, Google News 1Nov 1, 10 AM — 2 pieces · 2 comments — Reddit 2Nov 1, 1 PM — 1 piece · 1 article — Newswires 1Nov 1, 4 PM — 1 piece · 1 article — Newswires 1Nov 1, 7 PM — 1 piece · 1 post — Reddit 1Nov 1, 10 PM — quietNov 2, 1 AM — quietNov 2, 4 AM — quietNov 2, 7 AM — quietNov 2, 10 AM — quietNov 2, 1 PM — quietNov 2, 4 PM — quietNov 2, 7 PM — quietNov 2, 10 PM — quietNov 3, 1 AM — quietNov 3, 4 AM — quietNov 3, 7 AM — quietNov 3, 10 AM — quietNov 3, 1 PM — quietNov 3, 4 PM — quietNov 3, 7 PM — quietNov 3, 10 PM — quietNov 4, 1 AM — quietNov 4, 4 AM — quietNov 4, 7 AM — quietNov 4, 10 AM — quietNov 4, 1 PM — quietNov 4, 4 PM — quietNov 4, 7 PM — quietNov 4, 10 PM — quietNov 5, 1 AM — quietNov 5, 4 AM — quietNov 5, 7 AM — quietNov 5, 10 AM — quietNov 5, 1 PM — quietNov 5, 4 PM — quietNov 5, 7 PM — quietNov 5, 10 PM — quietNov 6, 1 AM — quietNov 6, 4 AM — quietNov 6, 7 AM — quietNov 6, 10 AM — quietNov 6, 1 PM — quietNov 6, 4 PM — quietNov 6, 7 PM — quietNov 6, 10 PM — quietNov 7, 1 AM — quietNov 7, 4 AM — quietNov 7, 7 AM — quietNov 7, 10 AM — quietNov 7, 1 PM — quietNov 7, 4 PM — quietNov 7, 7 PM — quietNov 7, 10 PM — quietNov 8, 1 AM — quietNov 8, 4 AM — quietNov 8, 7 AM — quietNov 8, 10 AM — quietNov 8, 1 PM — quietNov 8, 4 PM — quietNov 8, 7 PM — quietNov 8, 10 PM — quietNov 9, 1 AM — quietNov 9, 4 AM — quietNov 9, 7 AM — quietNov 9, 10 AM — quietNov 9, 1 PM — quietNov 9, 4 PM — quietNov 9, 7 PM — quietNov 9, 10 PM — quietNov 10, 1 AM — quietNov 10, 4 AM — quietNov 10, 7 AM — quietNov 10, 10 AM — quietNov 10, 1 PM — quietNov 10, 4 PM — quietNov 10, 7 PM — quietNov 10, 10 PM — quietNov 11, 1 AM — quietNov 11, 4 AM — quietNov 11, 7 AM — quietNov 11, 10 AM — quietNov 11, 1 PM — quietNov 11, 4 PM — quietNov 11, 7 PM — quietNov 11, 10 PM — quietYesterday, 1 AM — quietYesterday, 4 AM — quietYesterday, 7 AM — quietYesterday, 10 AM — quietYesterday, 1 PM — quietYesterday, 4 PM — quietYesterday, 7 PM — quietYesterday, 10 PM — quietToday, 1 AM — quietToday, 4 AM — quietToday, 7 AM — quietToday, 10 AM — quietToday, 1 PM — quietToday, 4 PM — quietToday, 7 PM — quiet 1–4
1–4Economist Peter Esho says big-city…
Nov 2Nov 3Nov 4Nov 5Nov 6Nov 7Nov 8Nov 9Nov 10Nov 11yesterdaynow · 10:06 PM ET

Reported in the same hours no headline names this development itself — these 1 claim were published in its stretch

  1. 2 outlets Home values fall for seventh consecutive month as interest rates dent demand

    first by Guardian, 12d ago · also The Guardian

All 4 developments of Australian home prices post steepest fall in 40 years… →

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