Dwelling Values Fall in 6 Of Australia’s 8 Capital Cities

Across the capital cities, while broad-based, the softer month-on-month housing market conditions were led by Sydney (-0.9%), with declines also reported in Melbourne (-0.2%), Adelaide (-0.2%), Perth (-0.4%), Darwin (-0.2%) and Canberra (-0.1%) while values in Brisbane were unchanged. 

Index results as at January 31, 2018

According to CoreLogic head of research Tim Lawless, “Housing market activity is generally more sedate from late December through to late January; a…