Price growth continues to slow, but not expected to stop
Declining affordability is starting to slow the nation’s house price growth, but a mismatch between supply and demand will ensure price gains will continue to be recorded across most markets.
The number of prospective buyers remains far higher than the number of properties available for sale. Photo: Shutterstock
Declining affordability is starting to slow the nation’s house price growth, but a mismatch between supply and demand will ensure price gains will continue to be recorded across most markets.
Data from CoreLogic showed national median dwelling values rose by 1.6 per cent in July, continuing a trend of declining monthly growth rates since the market rose by 2.8 per cent in March.
Sydney recorded the biggest reduction in monthly growth rates, wit…
