{"id":24295,"date":"2020-03-26T10:09:45","date_gmt":"2020-03-25T21:09:45","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=24295"},"modified":"2020-03-26T10:09:59","modified_gmt":"2020-03-25T21:09:59","slug":"big-falls-expected-for-aussie-house-prices","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/big-falls-expected-for-aussie-house-prices\/","title":{"rendered":"&#8216;Big falls&#8217; expected for Aussie house prices"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>PHOTO: PM Scott Morrison announced the new rules last night. <em><em>Source: Getty Images<\/em><\/em> <\/strong><\/p>\n\n\n\n<p class=\"has-drop-cap wp-block-paragraph\"> <strong>Prime Minister Scott Morrison has announced a harsh new crackdown on the real estate industry \u2013 but what does it mean for buyers and sellers?<\/strong> <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Everyday life in Australia has changed dramatically in the last few days after the Government introduced unprecedented measures in a bid to contain the coronavirus pandemic.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Last night, Prime Minister Scott Morrison revealed a raft of new rules and bans on activities, on top of an initial list released on Sunday night.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Among them were harsh new restrictions on the buying and selling of homes, which will shake up the real estate industry in the tough months to come.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Addressing reporters on Tuesday night, Mr Morrison said auctions and open houses would be<a href=\"https:\/\/www.news.com.au\/finance\/coronavirus-restrictions-what-it-means-for-real-estate\/news-story\/37bf9a96ef7553e973ada7240e22a612\">&nbsp;banned from midnight Wednesday.<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cReal estate auctions and open house inspections \u2026 that cannot continue,\u201d the PM said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mr Morrison did not make clear how long the ban would be in place.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">READ MORE VIA <a href=\"https:\/\/www.news.com.au\/finance\/real-estate\/selling\/coronavirus-australia-what-will-happen-to-real-estate-market\/news-story\/29854b2683ca1c9effbe7ef8761f90ae\">NEWS.COM<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: PM Scott Morrison announced the new rules last night.<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/big-falls-expected-for-aussie-house-prices\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":24296,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478109126,478101874,478098766],"class_list":["entry","author-data123nz","post-24295","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-aussie-house-prices","tag-house-values","tag-real-estate-auctions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>&#039;Big falls&#039; 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