Australian housing market declines amid rising interest rates and tax changes

The record

Written from the 1 report below. Nothing here is unsourced.

Australia's housing market, which had been booming for a long time, is now declining rapidly.
Rising interest rates and tax changes are pulling property values down.
Falling home sales are also hurting consumer spending and construction activity across the country.
Many families are postponing purchases in the hope of further price drops while dealing with higher costs, and the report calls this correction potentially one of the biggest downturns in Australia's housing history.

Whether rising interest rates and tax changes continue to push property values lower
The extent to which declining home sales further affect consumer spending and construction
Whether families delaying purchases lead to a deeper or prolonged downturn

1 report

English national1

All filed from India

Named Australia

The 1 report is listed beside the record.

Answers cite the reports above, or say they can't.