CoreLogic: Melbourne house prices fall 0.3% in April

Thursday 30 April 2020

CoreLogic’s dwelling price results have for April were released, which revealed a 0.19% increase in values over the month at the 5-city level, although Melbourne dwelling values fell by 0.29%:

It was the tenth consecutive rise in home values at the 5-city level, although momentum is clearly fading fast:

Over the April quarter, dwelling values rose by 2.2% across the major capitals, with momentum again slowing:

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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.