A buyer's market without buyers: Housing downturn deepens with nationwide falls

I’m sorry but a 6% drop from historical highs is not a downturn. There’s “no buyers” because no one can afford anything still. House prices are still insane, and anyone without them is paying insane rent with stagnant wages.

I’m paying literally double what I used to in rent for the same size house about 7 years ago, but I’ve gone from the literal CBD to 60kms from the city.

Call me back when it’s a real trend and not just market fluctuations.