Business
Melbourne and Sydney continue to lead property price decline: CoreLogic figures – Domain News
Australia’s housing markets have remained relatively resilient through the COVID-19 crisis so far but new figures show price falls accelerated in both Melbourne and Sydney last month.
Australia’s largest cities are continuing to lead the property market downturn, with new figures showing price falls accelerated in both Melbourne and Sydney last month.
Australian housing values dropped 0.6 per cent in July, according to the latest CoreLogic Home Value Index, released Monday, marking the third consecutive month of prices falls amid the coronavirus pandemic.
Melbourne recorded the largest drop, with the median dwelling value falling 1.2 per cent over the month to $678,334. It …
-
Noosa News21 hours agoTop chefs rally for Noosa Reds farmers Pete and Dory
-
General24 hours agoVolodymyr Zelenskyy and European leaders prepare for key meetings with Donald Trump
-
Business16 hours agoprofit up 24%, outlook strong
-
General16 hours agoPM kicks off roundtable with call for lasting reform