economy Australia
Australian house prices fall for sixth consecutive month
5.2%
Australian home values were 5.2 per cent below their March peak.
Australian house prices fell again in September, with Cotality reporting a 1.1 per cent monthly decline and a 5.2 per cent fall from the March peak. Brisbane and Sydney recorded sharp declines, while economists said prices were on track to fall at least 10% nationally.
2 sourcesabc.net.au, The GuardianUpdated
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Australian house prices fell for a sixth consecutive month in September.
“Australian house prices fell for a sixth straight month in September”
- 1.1%
Cotality's Home Value Index fell by 1.1 per cent in September.
“Cotality's Home Value Index fell 1.1 per cent in September”
- 5.2%
Australian home values were 5.2 per cent below their March peak.
2 of 2 sources“Prices nationally have fallen 5.2% from their peak in March”