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Westpac expects 11 per cent house price fall, posts $6.8 billion profit

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Image from The Sydney Morning Herald

Summary

The nation’s second-biggest lender expects interest rates to remain “elevated” and for house prices to have fallen more than 10 per cent by March.

Description from The Sydney Morning Herald.

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  1. The Sydney Morning Herald Leans left Factuality: High AU
    Westpac expects 11 per cent house price fall, posts $6.8 billion profit

    The nation’s second-biggest lender expects interest rates to remain “elevated” and for house prices to have fallen more than 10 per cent by March.

Video coverage

ABC News (Australia) Brisbane and Perth lead falls in home values: October Cotality data | ABC NEWS