Ray White Annandale
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Home owners told no need for ‘panicking’ amid Sydney property slump
Sydney's falling property prices sign of more to come, real estate agents say Sat 6 Jun 2026 at 8:09am In short: Home values have fallen across Sydney, with buyer confidence low amid interest rate hikes and proposed property tax changes. Real estate agents say buyers have reduced their budgets by up to 15 per cent, and homes are taking longer to sell. Prices are expected to continue to decline, but a market crash remains unlikely.