Adelaide house prices boom and Sydney and Melbourne slump – NEWS.com.au

Well, well, well. This is quite a reversal. Australias house price leaders are now the laggards, and the laggards are now the leaders.As 2020 departs, Australia’s most expensive cities are limping along. Melbourne and Sydney are seeing little growth in the value of homes. The million-dollar valuations aren’t going anywhere. Meanwhile, places long overlooked are having a moment in the sun, as the next chart shows.
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