Property News · July 4, 2017

Australia home prices rebound in June amid signs of cool down


Home prices in Australia’s major cities rebounded in June after a pullback the month before, but there were early signs the market was cooling as regulators tightened the screws on leveraged property investors.
Property consultant CoreLogic said its index of home prices for the combined capital cities rose 0.8 per cent in June, following a rare 1.1 per cent drop in May.
Annual growth in prices also accelerated to 9.6 per cent, from 8.3 per cent the month before, though that was still down…

Source : South China Morning Post
Read more…Australia home prices rebound in June amid signs of cool down

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