Property prices fell in every capital city except Canberra last month but, despite home values dropping 0.5 per cent nationally in April, CoreLogic says the pace of decline is slowing.Home prices fell an average of 0.5pc nationally in April and are down 7.2pc over the past yearCanberra was the only city with record housing prices, having posted a 0.4pc rise last month
"The good news for home owners is that rate of decline isn't quite as quick as what we've been seeing over previous months," he told ABC News. Brisbane home prices fell last month and are now down 1.9 per cent over the past year, while Adelaide's market is stagnating.Regional markets, on average, have also joined the decline with a 0.3 per cent fall last month, and
However, unlike previous cuts, Mr Lawless does not see a rate reduction in the current environment leading to a real estate revival.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
What kind of disconnected 'Tosser' thinks overcharging for Housing results in a improved situation? Crucify Them!
Make Sydney the real estate capital and an industry in itself like New York and stop the comparisons with other state capitals. it is pointless.
How do you know that abc
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australia’s housing market is broken: Anglicare | Sky News AustraliaAffordable housing for low-income earners in Australia has become increasingly unavailable, according to new research by Anglicare.\n\nData from the advocacy group found that out of more than 69,000 rental properties across the country, only one would be affordable for welfare recipients.\n\n\n\n\n\n\n\n\n Yes Liberals have ruined the chances for average people to get a home.... But they have allowed Clive Palmer to spend millions on the election while those who worked for him didn't get paid and lose their homes. What’s the difference between social and community housing? It has been in the making for over 20 years Next government needs to make GST revenue for the states contingent on providing housing for low income recipients They also need to work on a universal income for all Australians over 18 & make TAFE affordable for all Australians again
Source: SkyNewsAust - 🏆 7. / 78 Read more »
NSW retains mantle as top state economy amid softening housing marketNSW has retained its mantle as Australia's best performing economy, equal with Victoria, despite Sydney's cooling housing market Early days yet in 2019. We need secure jobs via a more diverse economy. VoteSustainable Vote for SustainableAustralia auspol ausvotes ausvotes2019 ausvotes19 sausagesizzle democracysausage
Source: smh - 🏆 6. / 80 Read more »
ANZ profit slips on slowing housing marketANZ's decision to throttle back on home lending has hit its bottom line, as the bank continues its plans to slim down. Such an ABC headline. Cash earnings should be headline which is a positive.
Source: abcnews - 🏆 5. / 83 Read more »