Property News · April 2, 2019

Australia home prices continue to decline in March, but deflation slows


Australian home prices fell again in March as credit conditions remained tight and investors stayed away, though the pace of decline slowed as more auctions found buyers.Monday’s report from property consultant CoreLogic showed home prices nationally fell 0.6 per cent in March, from February when they dropped 0.7 per cent. That was the smallest monthly fall since October. Values were down 6.9 per cent on a year earlier.The index has fallen in 15 of the past 17 months, wiping out more than two…

Source : South China Morning Post
Read more…Australia home prices continue to decline in March, but deflation slows

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