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Melbourne, Sydney property prices fall as other capital cities rise: CoreLogic – Domain News

Home buyers are competing for the few homes for sale and putting a floor under property price falls in most capital cities, new figures reveal.

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Home buyers are defying the pandemic recession, competing for the few homes for sale and putting a floor under property price falls in most capital cities, new figures reveal.
Sydney home values fell just 0.3 per cent in September to a median of $859,943, a rate of decline that has eased since July, the latest CoreLogic Home Value Index released on Thursday found. The figure includes houses and apartments.
Values in pandemic-hit Melbourne fell hardest, down 0.9 per cent in the month to a media…

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