CoreLogic reveals where the biggest property price falls have been since the onset of COVID-19

The stringent government response to COVID-19 has undoubtedly placed the property market cycle at the cusp of another downswing. So far, property value declines have been fairly mild. Nationally, the May home value index results show that the dwelling market declined just 0.4% over the month, and preliminary indicators for June are showing the rate of decline has gathered some momentum through the month.
 
However, the Australian housing market is not one market, but a collection of many….