Melbourne, Sydney house prices continue COVID slide
House prices in Melbourne and Sydneys continued to dip in September, while every other capital city recorded price increases, according to the latest update from CoreLogic.
Apartment rents in Melbourne have been most acutely affected by the pandemic. Photo: Shutterstock (Image source: Shutterstock.com)
House prices in Melbourne and Sydneys continued to dip in September, while every other capital city recorded price increases, according to the latest update from CoreLogic.
Melbourne was Australia’s weakest performer over the month, with its lockdown affected market producing a 0.9 per cent fall in median house prices.
Sydney’s median was down 0.3 per cent for the month, while Darwin was the strongest performer, with a gain of 1.6 per cent.
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