National Dwelling Values Stabilise In July As Five Of The Eight Capitals Record A Slight Rise In Value

CoreLogic head of research Tim Lawless said, “Our national dwelling value index may have found a floor in July, with dwelling values holding firm over the month following a consistent trend towards smaller month-on-month declines through the first half of the year. Since peaking, the national index is down 8.3%.”

“The stabilisation in housing values is becoming more broadly based, with five of the eight capital cities recording a subtle rise in values over the month, while the…