You are here

Australia cities home prices up for 7th straight month in July

But annual price growth slows to 6.1% from 8.3% in June, below last year's peak above 11%
Tuesday, August 2, 2016 - 05:50

Sydney

HOME prices across Australia's major cities rose for a seventh straight month in July as record-low mortgage rates kept demand hot in Sydney and Melbourne, though annual growth in prices slowed across the country.

Monday's figures from property consultant CoreLogic showed