Sydney the only capital housing market starting to decline: HTW property clock

Sydney is now the only capital city which is seeing its housing market start to decline, according to valuation firm Herron Todd White.

Last month Herron Todd White had Canberra in the same category, however that has now moved to a rising market for its houses.

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Since last month Toowoomba has hit the bottom of the market, while Melbourne is still approaching the peak of the market.

South East New South Wales has gone from being at the peak of the market to the starting to decline phase.