Melbourne leads house price falls as other markets stabilise from coronavirus dip – ABC News

Melbourne’s property market has taken another big hit during August, with price declines more than twice those seen in any other capital city around the country.
Key points:

• Melbourne home prices fell 1.2 per cent last month, but remain 5.9 per cent up over the past year
• Most cities saw either modest gains, flat prices or a slower rate of decline in August compared with July
• Property listings fell in August at a time when they are usually rising, which is likely contrib…

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