House prices still rising, but starting to moderate
House prices continued to rise in June across all Australian markets, but the rate of gains is starting to slow, particularly in Perth and Darwin, as well as at the top end of the market.
It remains to be seen what impact the latest lockdowns will have on transactional activity. Photo: Shutterstock (Image source: Shutterstock.com)
House prices continued to rise in June across all Australian markets, but the rate of gains is starting to slow, particularly in Perth and Darwin, as well as at the top end of the market.
CoreLogic’s monthly look at house prices showed a 1.9 per cent gain in median dwelling values in June nationally, contributing to a 13.5 per cent rise for the 2020-21 financial year.
Hobart was the best performing capital, with a median price rise of 3 per cen…
