Australian property values dive 0.8% in July

Friday, 31 July 2020

CoreLogic’s dwelling value results for July are out at the 5-city level, with values falling 0.83% over the month, driven by Melbourne and Sydney:

It was the third consecutive monthly decline:

Over the July quarter, dwelling values fell by 2.1% 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.