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8:45Now PlayingAustralia’s property market is sliding fast, with new data showing house prices have plunged to their lowest point in four years.
Economists warn first‑home buyers are being pushed into a “negative equity minefield” as values tumble across major states.
Sydney and Melbourne are leading the downturn, recording the steepest drops nationwide. The debate over Australia’s housing future is intensifying as pressure mounts on buyers and policymakers alike.| *Subscribe and 🔔
*Get more breaking news at 9News.com.au
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