Why property prices have further to fall in 2023

Deputy property editor Michael Bleby explains the housing market’s wild ride in 2022, why prices are still falling, and what might happen next year. Background reading: What history tells us about falling house prices (in five charts) Past property cycles provide lots of clues about when the market is likely to recover, and what to look for. The suburbs handing landlords $22,000 a year Rising interest rates have slashed the number of suburbs where investors can buy a cash flow-positive property, but there are still treasures to be found. What it’s like to live on a stunning $50m Sydney beachside block Lang Syne owner Dimity Griffiths reveals the story of life in one of Australia’s best locations – and why she’s selling after 63 years. See omnystudio.com/listener for privacy information.