You are here

Australia home prices stall in April

It follows dramatic gains in 2 of the country's hottest markets - Sydney and Melbourne
Tuesday, May 2, 2017 - 05:50

BT_20170502_OZ_2866476.jpg
A residential property in Sydney. Prices in the city were flat in April but the annual pace of growth was still a blistering 16 per cent.

Sydney

HOME price rises slowed sharply in Australia's major cities in April, in a welcome respite for policymakers who have been alarmed at the risks of a debt-fuelled bubble in the housing market.

Property consultant CoreLogic said its index of home prices for the combined capital

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom