House Prices in Melbourne and Sydney

墨爾本與悉尼的房價


Introduction

House prices in Melbourne and Sydney are going down.

墨爾本與悉尼的房價正在下跌。

Main Body

Banks raised interest rates three times since February. The government also changed tax rules. Now, fewer people want to buy houses. Experts think house prices will fall more this year.

銀行自二月以來已調高三次利率。政府也更改了稅務規定。現在想買房的人較少。專家認為房價今年將進一步下跌。

Some houses are already much cheaper. One house in Melbourne sold for 18% less than the old price. In Sydney, fewer people are buying houses at auctions. Some prices fell by 10% or 15%.

有些房子已經便宜許多。墨爾本的一處房產成交價比原價低了 18%。在悉尼,在拍賣會上買房的人數減少了。部分價格下跌了 10% 或 15%。

Some people think this is a good time to buy. They say houses are cheap now. Other people are afraid. They wait because they think prices will go down more.

有些人認為現在是買房的好時機。他們說現在房價很便宜。而其他人則感到擔憂,他們選擇等待,因為認為價格會進一步下跌。

Conclusion

House prices in big cities are falling because of money problems. Experts do not know when this will stop.

大城市的房價因財務問題而下跌。專家並不確定何時會停止。

Vocabulary Learning

📉 Talking about Change

When we talk about things moving up or down, we use specific simple words. Look at these patterns from the text:

  • Going Down \rightarrow Falling \rightarrow Cheaper
  • Going Up \rightarrow Raised

The 'Less' Pattern If you want to say something is not as much as before, use less than.

Example: "18% less than the old price."

Wait and See When people are not sure about the future, they use the word because to explain their fear:

"They wait because they think prices will go down more."

Quick Vocabulary Map:

  • Fewer \rightarrow used for people/houses (things you can count).
  • Cheaper \rightarrow used for prices (money).
  • Experts \rightarrow people who know a lot about one subject.

Vocabulary Learning

interest rates (n.)
The percentage of a loan that you pay to the bank
Example:The bank increased the interest rates, so the loan is more expensive.
government (n.)
The group of people who control a country
Example:The government made new rules about taxes.
tax (n.)
Money that you must pay to the government
Example:I have to pay tax on the money I earn.
experts (n.)
People who know a lot about a specific subject
Example:Experts say that house prices will fall this year.
auctions (n.)
Public sales where things are sold to the person who offers the most money
Example:Many people go to auctions to buy houses in Sydney.
Practice A2 words in a crossword