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House prices will stop falling mid-year, but only if RBA pauses

Cecile Lefort
Cecile LefortMarkets reporter

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Home owners can expect house prices to stop falling mid-year, but only after the Reserve Bank of Australia ends its fastest monetary tightening in 30 years, and they will have to wait longer before property prices start rising.

A survey of 31 economists by AFR Weekend suggests a 15 per cent decline in the value of properties from top to bottom, according to the median forecaster. Only six respondents are more optimistic, predicting a smaller loss.

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    Original URL: https://www.afr.com/markets/debt-markets/house-prices-will-stop-falling-mid-year-but-only-if-rba-pauses-20221227-p5c908