Home values remain steady, but outlook uncertain
Home values continue to hang tough in the face of the COVID-19 crisis, but analysts warn of downside risks in the medium-term as government stimulus measures are scaled back and a potential second wave of coronavirus cases re-kindles economic uncertainty.
Future growth in Australian residential markets is uncertain due to the changing nature of the COVID-19 crisis. Photo: Shutterstock (Image source: Shutterstock.com)
Home values continue to hang tough in the face of the COVID-19 crisis, but analysts warn of downside risks in the medium-term as government stimulus measures are scaled back and a potential second wave of coronavirus cases re-kindles economic uncertainty.
Capital city house prices fell for a third consecutive month in June, with CoreLogic’s monthly analysis showing another slight dip.
CoreLogic said its capital city median house price index dip…
