National Housing Values 0.8% Lower Since September Last Year

Month-on-month falls were generally mild but broad based  Over the month, values fell across every capital city except Hobart (+0.7%) and Adelaide (steady), with the largest monthly decline recorded across Darwin (-0.9%) and Sydney (-0.6%).  Values were lower in Melbourne (-0.1%), Brisbane (-0.1%), Perth (-0.2%), and Canberra (-0.3%).  

The rate of decline eased over the second half of February although values have fallen in most capital cities during February, the CoreLogic daily index…