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House prices fall again as post-stimulus uncertainty builds

Declines in home values continue to be mild across the country, but uncertainty is building around what the impacts will be once government stimulus is switched off and banks become less-friendly with lending policies.

house open for inspection
Easing of restrictions has led to a rise in transaction volumes, but values continue to fall. Photo: Shutterstock (Image source: Shutterstock.com)

Declines in home values continue to be mild across the country, but uncertainty is building around what the impacts will be once government stimulus is switched off and banks become less-friendly with lending policies.

CoreLogic’s monthly analysis of house prices showed transaction volumes continued to improve but capital city median house prices declined again in June, with the biggest drops occurring in Perth and Melbourne.

CoreLogic said the…

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