Gap between house prices and units narrows in Australia

According to The Australian Financial Review, the gap between house and unit prices has narrowed in most capital cities since the RBA started raising interest rates in May, as buyers turn to high density amid worsening affordability, data from CoreLogic shows.
The premium for Sydney houses over units shrunk by 2.2 percentage points to 67 per cent in July, reflecting the faster and deeper deterioration in detached housing values.

https://www.afr.com/property/residential/gap-between-house-prices-and-units-narrows-20220824-p5bcg4