Recent data shows a change in the residential real estate market. In major Australian cities, more sellers are lowering their prices, while in the United States, the cost of entry-level homes is continuing to rise.

近期數據顯示住宅房地產市場有所變動。在澳洲的主要城市，更多賣家正在調低價格，而美國的入門級住宅成本則持續上升。

In Australia, there is a clear trend of price discounting in Sydney and Melbourne. According to Domain's Market Insights Report, about 6.5% of houses in Sydney and 6.3% in Melbourne were sold for less than the asking price in the three months before May. This is especially common in expensive areas; for example, some luxury suburbs saw discounts of over 10%. Dr. Nicola Powell emphasized that this happens because buyers have more power as supply increases and demand falls. However, in more affordable areas like Canterbury and Penrith, discounts have decreased, which suggests that buyers are moving toward cheaper homes due to financial pressure.

在澳洲，悉尼與墨爾本有明顯的價格調降趨勢。根據 Domain 的市場洞察報告，在五月之前的三個月內，悉尼約 6.5% 與墨爾本 6.3% 的房屋成交價低於開價。這種情況在高價地區尤為常見；例如，部分豪華郊區的折扣超過 10%。Nicola Powell 博士強調，這是因為供應增加而需求下降，使得買家擁有更多議價能力。然而，在如 Canterbury 與 Penrith 等較可負擔的地區，折扣反而減少，這顯示買家因財務壓力而轉向購買較便宜的住宅。

Government policies and economic factors are also affecting the market. The federal government has proposed changes to tax rules, such as restricting negative gearing and modifying capital gains tax. Westpac economist Matthew Hassan asserted that these changes, combined with unstable interest rates, have made investors more cautious. Meanwhile, data shows that people aged 60 and over now own a record number of rental properties. Furthermore, the Housing Industry Association stressed that Australia still needs to build 100,000 homes per year to meet demand, regardless of migration levels.

政府政策與經濟因素也在影響市場。聯邦政府建議修改稅務規則，例如限制負扣稅（negative gearing）及修改資本利得稅。Westpac 經濟學家 Matthew Hassan 主張，這些變動加上不穩定的利率，使得投資者更加謹慎。同時，數據顯示 60 歲及以上人士擁有的出租物業數量創下紀錄新高。此外，房屋工業協會強調，無論移民水平如何，澳洲每年仍需興建 10 萬棟房屋才能滿足需求。

There are also big differences between regions. For instance, house values in Perth grew by 25.8% last year, which is very different from the trends in the eastern states. At the same time, the United States is seeing a huge increase in the cost of 'starter homes.' Zillow reports that 242 cities now have entry-level homes costing over $1 million, which is three times more than in 2020. This is most common in California and New York, where high demand for suburban homes has far exceeded the available supply.

不同地區之間也存在巨大差異。例如，珀斯的房屋價值去年增長了 25.8%，與東岸州的趨勢截然不同。與此同時，美國的「入門住宅」成本大幅增加。Zillow 報告指出，目前有 242 個城市的入門住宅價格超過 100 萬美元，是 2020 年的三倍。這在加州與紐約最為常見，當地對郊區住宅的高需求已遠遠超過可用供應。

In summary, the global housing market is currently split between falling prices in luxury urban areas and increasing costs that make it harder for new buyers to enter the market in other regions.

總結而言，全球房屋市場目前分為兩極：一方面是豪華城市地區價格下跌，另一方面則是成本增加，使得新買家在其他地區更難進入市場。