Well that "site" linked to twitter above seems to be a total fantasy. At least i just had a look at the "top Sydney price decrease" showed no price decrease at all in reality. ie 78 Broadford Street, Bexley (35 days listed)apparently the asking price had tumbled from $2m to $1.7m a 15% cut ...except when you click thru it just sold for ...$1.99m . and others 54 Chick Street, Roselands (27 days listed) $1.2 down to $1.05 except it just sold for $1.28m. And in another market in sunshine coast QLD a house was dropped $1.5m to $1.1m whoa 23% drop except it last sold for $200k years ago! Doubtful they are in any mortgage stress . A drop from an eye watering asking price is more like just a change of marketing tack but that site seems to be pretending it is proof of a bloodbath ?
