General
National Dwelling Values Continue To Trend Lower, Falling By Half A Percent In October
Dwelling values continued to fall across Sydney, Melbourne and Perth in October, pushing the CoreLogic national hedonic home value index further into negative territory.
Citing tighter credit conditions as a contributor to slower housing activity and lower dwelling values across Australia, CoreLogic head of research Tim Lawless said, “the latest results take the annual decline across the national index to 3.5%, signaling the weakest macro-housing market conditions since…
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