Business
House prices in Australian cities go their separate ways – Yahoo Finance Australia
Capital city property values have moved in different directions since the coronavirus pandemic hit.
Dwelling prices in Australias state capital cities have diverged since social distancing and other restrictions were first introduced in late March to arrest the COVID-19 outbreak.
Melbourne property values have fallen 3.5 per cent in the past four months, while house prices in the Australian Capital Territory or Canberra have risen 1.3 per cent, said property data company CoreLogic in a report this week.
Perth has seen house values decline 2 per cent over the March-July period, and is second …
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