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Australian House Prices Experience Biggest Monthly Fall Since 1983

CoreLogic’s Home Value Index recorded a fourth straight monthly decline in August 2022, falling 1.6%. This is the largest month-on-month decline since 1983. Every capital city except for Darwin experienced a housing downturn. Sydney led the downswing, its values fell...

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Housing Value Decline Comparable To 2008 Financial Crisis

CoreLogic’s Home Value Index recorded a third straight monthly decline in July 2022, falling 1.3%. Five of the eight capital cities experienced a decline during the month. Sydney and Melbourne’s home values fell 2.2% and 1.5%, respectively. Home values in Brisbane...

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House Values Fall For The Second Month In A Row

CoreLogic’s Home Value Index recorded a second straight monthly decline in June, falling 0.6%. Dwelling values in Sydney and Melbourne fell 1.6% and 1.1%, respectively. The values in Hobart and regional Victoria fell 0.2% and 0.1%, respectively, in June. Every capital...

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