The latest price data from CoreLogic showed house prices dipped again last week in Sydney, Melbourne, Brisbane, Adelaide and Perth.
The latest price data from CoreLogic showed house prices dipped again last week in Sydney, Melbourne, Brisbane, Adelaide and Perth.
CoreLogic data for the week ended August 5 showed the prices in Sydney, Brisbane and Perth dropped by 0.1% while Melbourne dipped 0.2%.
Annual price growth for Melbourne turned negative last month and is now down by 0.7% while prices in Sydney have fallen by 5.5% in annual terms.
In this week, RBA governor Philip Lowe said conditions in the nation's two largest housing markets - Sydney and Melbourne - continue to ease as investors drop away.
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