Australia's Housing Boom Faces a Reality Check

After more than three decades of rising home prices, Australia's property market is showing signs of a meaningful slowdown. Higher interest rates, tax changes affecting investors, and improving housing supply in some markets have combined to push prices lower in major cities, even as rents continue to climb. Is this merely a cyclical correction, or does it mark a more fundamental turning point for one of the world's most resilient housing markets?

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