Sydney home prices could drop by 10%
While Commonwealth Bank of Australia’s (CBA) recent insight on property value movement is quite disheartening, there was a silver lining embedded in the bank’s statement, as reported by Business Insider Australia.
Annual property price growth slides in June
Some investors were troubled as residential property prices declined 0.7% in the June quarter 2018. This, along with the first yearly drop in property value growth since 2012, was announced by Australian Bureau of Statistics (ABS) on Tuesday.
Melbourne's south west properties selling like hotcakes
Melbourne's market, particularly its south west, is alive and kicking as properties up for grabs in the area are being snatched in a much faster rate than last year, according to Real Estate Institute of Victoria’s (REIV) latest Days on Market data.
