Live: House prices drop and data set to show continued shortfall of homes
World2 sources1 country🔦 Under-reported56m ago
National home values in Australia fell by 0.9 per cent in August, with house prices dropping across most of the nation's capital cities. Concurrently, data is set to be released showing a continued shortfall of homes.
In broader economic developments, a recent escalation in hostilities between the United States and Iran has triggered a 3 per cent increase in oil prices, prompting expectations that the Australian share market will open lower.
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How the coverage differs
Same story, different emphasis — here's what each outlet chose to lead with.
ABC News (AU) (AU)Broad market live blog focusing on oil prices, geopolitics, and housing
The Age (Melbourne, Australia) (AU)Focused specifically on national home values falling in August