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✓ The Canberra TimesMoney & Work
ACT house prices drop 3.7% yearly while banks forecast interest rate increase
Canberra home values fell 1.2% in August to just over $1 million, with major banks now forecasting interest rate increases.
Why it mattersHomeowners in the ACT are facing declining assets and worsening affordability before interest rates potentially rise.
AustraliaDirect impact on ACT residents and property investors. Signals property market stress spreading nationally beyond Sydney and Melbourne.
✓ Claims checked against the source and corrected before publish. checked 2 h ago
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