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Property optimism in spite of coronavirus

Houses along the Brisbane skyline

Houses along the Brisbane skyline Source: AAP

Australia's housing market has suffered its first decline in median house prices since June 2019, but the latest CoreLogic's home value index, showing a 0.4 per cent drop, is being viewed as market resilience. While there are fears over what may happen when government's stimulus measures end, there is still industry support and Chinese interest.


Published

By Laurie Lawira

Presented by Radica Bojkovska Dimitrovska, Margarita Vasileva

Source: SBS




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Australia's housing market has suffered its first decline in median house prices since June 2019, but the latest CoreLogic's home value index, showing a 0.4 per cent drop, is being viewed as market resilience. While there are fears over what may happen when government's stimulus measures end, there is still industry support and Chinese interest.



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