Property price slump slows from record speed in Australia

According to The Australian Financial Review, the record-breaking rate of house price declines has finally eased, with values slipping by just 0.7 per cent across the combined capital cities in the December quarter as buyers adjust to higher interest rates.
The rate at which prices fell in the final quarter last year is six times less than the 4 per cent drop recorded in the preceding three months, which was the largest ever quarterly fall, according to Domain data.
 
https://www.afr.com/property/residential/property-price-slump-slows-from-record-speed-20230123-p5ceow