House price correction could be over by early 2023 in Australia

According to The Australian Financial Review, CoreLogic national research director Tim Lawless tipped the housing market correction to bottom out in the first quarter of 2023 followed by a swift recovery after the rate of house price decline eased slightly in September, according to the firm’s monthly index.
However, this sooner-than-expected turnaround won’t be quick enough to stop the Melbourne housing market from reversing all the gains it made during the pandemic, Mr Lawless told.

https://www.afr.com/property/residential/house-price-correction-could-be-over-by-early-2023-corelogic-20221002-p5bmii