AdvertisementExclusive PoliticsFederalProperty prices Teal MPs’ electorates are where house values are falling most. Steep falls in Sydney and Melbourne house values led the decline, although every capital city market is slowing. AdvertisementThe biggest fall over the past three months has been in the top quarter of the property market. “Government modelling indicated that, after an adjustment period, house prices would return to more measured growth,” she said. The largest fall in property values in the country have occurred in the seat held by Zali Steggall.