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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

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.


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

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