Aussie property values dive 0.9% in June

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CoreLogic’s dwelling value results for June are out at the 5-city level, with values falling 0.85% over the month amid universal declines:

It was the second consecutive monthly decline:

Over the June quarter, dwelling values fell by 0.4% across the major capitals:

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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.