What’s causing the housing market to soften? | ABC NEWS

Jun 13, 2026Channel
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Video Overview

Video Details

Published1 month ago
Duration6:07
Video IDXnn9cDtfDYU
Languageen
CategoryNews & Politics
PrivacyPublic
Made for KidsNo
Video TypeRegular Video

Performance Metrics

Views6.7K
Likes94
Comments1
Engagement Rate1.41%
Likes per 100 views1.40
Comments per 1K views0.15

Description

The housing market has been softening across major Australian cities, with lower auction clearance rates and a decline in house prices. Gerard Burg from Cotality says demand has been easing since 2025 and the war in Iran has also impacted the market. Burg also explains why there has been a decline of high-value properties across Australia. Subscribe: http://ab.co/1svxLVE Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia

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