Archive for the ‘Property market’ Category

Massive drop in housing values – the biggest in 6 years

Here are the latest report on dwelling values across Australia from CoreLogic.

National dwelling values dropped 3.5% from October 2017 to October 2018, according to CoreLogic’s latest report. This is the biggest annual decrease in 6 years and is driven by falls in Sydney, Melbourne and Perth…. Read More

The mortgage situation – why Australia’s housing markets have turned

A modern kitchen and dining room

The latest numbers are in – not only is the housing market downturn across Australia well underway, but the rate of decline is accelerating.

Sydney saw a steep drop over the quarter, with the median house price down 3.1 per cent ($36,000), the latest Domain House Price Report shows.

Melbourne’s median house … Read More