For those of you who missed it, the ABC released an article last Monday on declines and rises in the ACT housing market.
Reportedly, home values plunged by 4% whilst units increased by 4% in the 3 months to January. Perhaps an indication of preferences moving away from the traditional suburban standard? Who knows.
At the very least I suspect it might be making recent first home buyers, some of whom have less than 4% equity in their homes, a little nervous.