House prices are falling. So why are many Australians still struggling to buy?

That ship has sailed."A forecast $30,000 decline in Sydney's median house price may sound significant, she said, but it is unlikely to fundamentally change affordability in a city where the median house price remains above $1.6 million, she adds "With Sydney's median house price still hovering at $1.6 million, a further $30,000 drop is still closer to a rounding error than a savings," Canstar's data insights director, Sally Tindall said.The forecasts also come as the federal government faces scrutiny over whether its housing reforms could trigger price declines that leave some recent buyers — particularly new home buyers — vulnerable.May said buyers who had entered the market with smaller deposits such as those in the five per cent deposit scheme could see their home values fall, which was "a really scary thing'