Australian house prices are falling but are still almost double what they were a decade ago

The average dwelling price has risen to more than 17 years of a typical household’s disposable incomeWant to get more charts in your inbox every fortnight? Sign up for The Crunch hereHouse prices have dropped across several Australian capital cities, with major banks predicting falls of 2% to 3% by the end of the year.But after a decade of accelerating house prices, this wouldn’t make a significant dent in housing affordability. Continue reading...