Home prices across Australia’s major cities rose only marginally for a second month in September, with a rare dip in Sydney offering more evidence that tighter lending rules were working to head off a debt-driven bubble in the sector.
Property consultant CoreLogic said its index of home prices for the combined capital cities rose just 0.3 per cent in September, from August when they edged up 0.1 per cent.
Annual growth in prices slowed to 8.5 per cent in September, from 9.7 per cent the…
Source : South China Morning Post
Read more…Australia home prices slow, hurt by Sydney’s first decline in 17 months















