NAB tips peak-to-trough house price decline of 20pc

NAB has downgraded its house price forecast for 2019 after weak conditions early this year were worse than expected.

Sydney and Melbourne will continue to lead the decline, but the major lender now anticipating peak-to-trough falls of 20% and 15% respectively. Perth is expected to remain weak, while the other capitals will hold up.

To read more of the article from The Australian Property Journal Click here.