Domain: Australian house prices stabilising

Advertisement

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.

Advertisement

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.