The Property Price Downturn Is Spreading….

I have been saying for some time that some property markets are on the turn. More evidence of this has now been published. And while aggregate data is averaged, CoreLogic’s October report does highlights a modest rise in national home values, but easing annual growth, and shifting market dynamics across different regions and property segments with wider falls. They say that nationally, their Home Value Index recorded a 0.3% rise in October, but it was driven by mid-sized capitals like Perth, which saw a 1.4% increase, whereas Sydney saw a -0.1% decline in home values, alongside declines in Darwin (-1.0%), […]