Australia’s housing downturn has extended to a 13th month, with further falls expected.

More market experts – including the RBA – are now turning their attention to how a negative wealth effect from falling house prices could drag on consumption growth.

We’ve highlighted five indicators that will be worth monitoring in the months ahead to gauge the extent of a housing-linked consumption crunch.https://www.businessinsider.com.au/house-prices-falling-australia-negative-wealth-effect-2018-11