CoreLogic: Australian house prices now falling at fastest pace since the GFC

Sydney’s housing market is down 9.5% since it peaked in July last year – the fastest drop since the last recession when values fell 9.6% between 1989 and 1991. Melbourne is down 5.8% since they peaked in November 2017. We hear from most village...

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by The Weekly Source
CoreLogic: Australian house prices now falling at fastest pace since the GFC

Sydney’s housing market is down 9.5% since it peaked in July last year – the fastest drop since the last recession when values fell 9.6% between 1989 and 1991. Melbourne is down 5.8% since they peaked in November 2017. We hear from most village operators that metro sales are being hit.

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