Property prices continue recovery but headwinds lurk
Australia's property market has clocked up a fourth straight month of home value increases, with Sydney again leading the way, but there may be headwinds lurking.
Is the sun setting on Australia property price recovery or is it the beginning of a new dawn for capital growth? (Image source: Shutterstock.com)
Australia’s property market recovery has continued ticking along courtesy of a fourth consecutive month of housing value increases.
A lack of supply
is outweighing the countering influence of rising interest rate and cost of living pressures, with every capital city outside Hobart (-0.3 per cent) recording gains. Regional markets outside Victoria have also trended higher.Prices in June rose 1.1 per cent, a slight drop on the 1.2 per cent of Ma…
