Er, don’t we actually want house prices to fall?

What came first: the decline in real estate prices or “Anti-investment mood created by Labor Party policies”?

That’s the question on every political journalist’s lips after the Cotality report showing prices. fall in some capitals – yet when you look at certain parts of politics and media you would think it was the sky that was falling. data firm suggests This decline was largely due to interest rate increases and unaffordability. Independent economist Saul Eslake argued similarly, adding that global uncertainty could also weaken buyer confidence.