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SBS On the Money: Is the housing correction over?

A new housing estate at Springfield in Ipswich, Queensland shows multiple properties as far as the eye can see.

Westpac says the plunge in housing market prices is largely over. Source: AAP / Darren England

Westpac says the housing correction is largely over with interest rates near their peak while three other factors supports the bank's revised price forecasts. SBS Finance Editor Ricardo Gonçalves speaks with Chief Economist Bill Evans for more, plus Scott Phillips from The Motley Fool takes a look at the day on the markets.


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By Ricardo Gonçalves

Source: SBS News



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Westpac says the housing correction is largely over with interest rates near their peak while three other factors supports the bank's revised price forecasts. SBS Finance Editor Ricardo Gonçalves speaks with Chief Economist Bill Evans for more, plus Scott Phillips from The Motley Fool takes a look at the day on the markets.


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