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.
