Domain: Australian house prices stabilising
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Domain has released its house price results for the June quarter, which reported further falls.
As shown in the next table, median house prices fell by 0.4% across the combined capitals over the June quarter, with prices down 6.4% year-on-year:

As you can see, prices fell across five out of eight capitals over the quarter, and all but Adelaide and Hobart over the year.
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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.