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.
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.
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