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Rate of property price falls slowing across Australia, except in Melbourne: CoreLogic figures – Domain News

Australian property prices have continued their downward slide, but new figures show the pace of price falls is slowing, with values even rising across some capital cities.

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Australian property prices are continuing their downward slide, but new figures show the pace of price falls is slowing, with values even rising across some capital cities.
National home values fell 0.4 per cent in August to a median of $552,689, according to the latest CoreLogic Home Value Index released on Tuesday, marking the fourth month of price declines amid the coronavirus pandemic.
Melbourne, in the midst of a tough stage four lockdown, recorded the biggest drop in dwelling values, fal…

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