Claims extracted
18
sentences that state something as happening or true
Uncertain
28%
5 of 18 hedged
("reportedly", "may", "according to")
Leaning
withheld
no quote in the article backed the model's score
Publisher signals
68/100
Daily Mail's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
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House prices are now likely to fall further and for longer than they have in previous property market downturns, according to economists.
uncertain
they → see → economists
The forebodings came shortly after the cash rate was increased to 4.6 per cent - its highest level in nearly 15 years - in an unsurprising decision by the Reserve Bank on Tuesday.
asserted
rate → come → Tuesday
It's the fourth rate rise this year, pulling monthly interest repayments for the national average mortgage up more than $450 since the start of 2026.
asserted
It → pull → 2026
More hikes could be on the way, the RBA said.
uncertain
RBA → say → way
Home buyers also now have $90,000 less borrowing capacity compared to February, according to housing data firm Cotality.
uncertain
buyers → have → Cotality
While mortgage holders have had to contend with higher interest rates in the past, this time it's different, the firm's head researcher Tim Lawless told AAP.
asserted
researcher → have → AAP
The combination of tighter wallets, cost of living and tax tweaks were likely to bring the length and depth of the housing downturn closer to uncharted territory, he said.
asserted
he → bring → territory
'Household indebtedness is much more significant now than it was back in 2011, so households feel the pain of interest rate hikes much more acutely,' he said.
asserted
he → feel → hikes
It's the fourth rate rise this year, pulling monthly interest repayments for the national average mortgage up more than $450 since the start of 2026
When interest rates last hit this level in 2011, the average home-owner spent slightly more than one third of their income on servicing their mortgage - now it's more than half.
asserted
it → pull → mortgage
'It just really adds a bit more fuel to this downturn,' Mr Lawless said.
asserted
Lawless → add → downturn
National dwelling values have already dipped 3.1 per cent in the three months to the end of August, Cotality has found.
asserted
Cotality → dip → August
The May budget's removal of tax concessions for investors also added to the downturn, but Mr Lawless said successive rate hikes were helping spread price falls further down the property ladder.
uncertain
hikes → add → ladder
'As interest rates progressively rise, we will see the downturn becoming much more broad-based,' Mr Lawless said.
asserted
Lawless → rise → ?
Reserve Bank governor Michele Bullock signalled lower house prices were a way of interest rates working 'through the system' to keep a lid on inflation.
asserted
rates → signal → inflation
'That sort of affects people's wealth, it affects how they feel, it might affect the share market again... so that can affect consumption,' she told reporters at her post-decision press conference in Sydney.
uncertain
she → affect → Sydney
But higher interest rates also made housing construction more expensive and less viable, impacting the flow of new homes.
asserted
construction → make → homes
'Even if (housing) affordability is improving now... longer term it's likely to lead to more expensive housing,' Ray White chief economist Nerida Conisbee told AAP.
asserted
Conisbee → improve → AAP
'The cost of (builders') materials is going to continue to increase rapidly, fuel is going to increase rapidly, then they start to price that into quotes.'
asserted
they → go → quotes
The Aporia
