15 Dec 2022

Property market drop deep and widespread

From Morning Report, 8:10 am on 15 December 2022

 The property market has experienced a bigger downturn in values and sales volumes this year than was expected.

Total sales volumes for the year - estimated to be around 67,000 - is the lowest since 2010.

These are among the conclusions of a new report out today from property data and analytics firm CoreLogic.

CoreLogic chief property economist Kelvin Davidson spoke to Corin Dann.