House prices down for first time in six years

House prices across Australia have fallen for the first time in six years. A quarterly report by the property-classifieds group Domain shows some property values in Sydney, for example, have fallen by more than 10 per cent in the past year. SBS Bangla spoke with one solicitor & public notary, one lender and one real estate consultant.

Australian currency house real estate price mortgage concept Source: iStockphoto

Solicitor & public notary Mofazzal Haque Kazi explains here different aspects of the real estate market.

Solicitor & Public Notary Mofazzal Haque Kazi. Source: Supplied

Listen to Mofazzal Haque Kazi's full interview (in Bangla) in the audio player above.

 

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Lender Anupam Deb explains relevant issues that influence house price: