Australia House Prices Tumble Most Since 2008 (yahoo.com)
The national Home Value Index fell 5.3% in 2022, the first decline since 2018, CoreLogic Inc. said in a report Tuesday. Annual falls were the biggest in the bellwether market of Sydney, which slid 12.1%, followed by an 8.1% drop in Melbourne. National values declined 1.1% in December, according to the report.