Property prices notch up fifth straight month of increases
Property prices nationally rose 0.7 per cent in July, marking a fifth consecutive month of housing value recovery.
Perth (pictured) and Adelaide were home to the best performing property markets in July. (Image source: Shutterstock.com)
Adelaide and Perth were the standout property markets over the past month as real estate values nationally recorded a fifth consecutive month of increases.
CoreLogic’s national Home Value Index rose 0.7 per cent in July, as property prices continued to retrace the 9.1 per cent decline from the record highs of April 2022.
Nationally, prices are up 4.1 per cent since February but remain 5.3 per cent below the April 2022 peak. Only Perth, Adelaide…
