Business
House prices surged in September, but not in these two cities – The New Daily
House prices rebounded across most capital cities and a pricing surge continued to play out across regional areas over September, new data shows.
House prices rebounded across most capital cities and a pricing surge continued to play out across regional areas in September despite Australia remaining in the grips of a once-in-a-generation recession.
Record-low interest rates lured buyers into the market and low stock levels helped to prop up prices.
But values in Melbourne and Sydney went backwards, falling victim to weak international migration and limits on inspections and auctions.
CoreLogic’s September Home Value Index shows the ave…
-
Noosa News23 hours agoEaster weather forecast: What to expect in Sydney, Perth, Melbourne, Brisbane, Adelaide and Canberra
-
Noosa News23 hours agoQueensland cop cleared by court of stealing watches during anti-gang raid
-
General23 hours agoAlbanese and Dutton go head-to-head in debate rematch
-
Noosa News13 hours agoIncrease in extreme weather events poses ‘substantial risk’ to blood supplies, researchers warn