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‘Catalyst’ that could force owners to discount homes – Yahoo Finance Australia
“The timing of these two events could be the catalyst for a gradual rise in distressed listings which will be an important trend to monitor.”
The Australian housing market’s decline is slowing. Images: Getty
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Australias housing market dipped 0.4 per cent in August as capital city markets began to diverge, with three recording an increase in prices.
Melbourne fell the furthest, down 1.2 per cent as the citys coronavirus lockdown set in, while Sydney fell 0.5 per cent and Brisbane 0.1 per cent.
Adelaide and Perth didnt change in value, while Hobart values increased 0.1 per cent, Canberra increased 0.5 per cent in value and Dar…
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