Australia's Property Market Is Splitting In Two And The Numbers Explain Why

Australia's property market is falling, but the downturn is far from uniform. The latest Cotality data reveals a striking divide between prestige and affordable housing, with Sydney, Melbourne and Canberra's top end recording the biggest declines while more affordable markets, regional areas and units show greater resilience. So, is Australia's housing market really in freefall? Hotspotting examines the numbers behind the headlines and reveals what is really driving the current property market correction.