General
Australia’s Housing Correction Marks Its 12th Month Anniversary with Lowered Values
Australia’s housing correction marks its twelve month anniversary with values down 2.7% since peaking in September last year
The CoreLogic September home value index results released today reported that half of Australia’s capital cities saw values track lower over the past twelve months. The remaining capital cities, as well as regional markets, have recorded a slowdown in the annual pace of growth as the housing downturn becomes more broadly based.
The Australian housing market…
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