Perth home values continue to fall: ABS
Official statistics released today have confirmed the Western Australian housing sector is stuck on struggle-street, with Perth recording the largest median price falls of any capital city over the past 12 months.
The Australian Bureau of Statistics said today that its housing price index for established houses in Perth fell by 1 per cent over the month of June, taking the yearly price drop to a nation-leading 4.1 per cent.
To read more, please login or register
I'd like to register please
8 free articles per month + business email alerts twice daily
Problems, questions, feedback? Please call
us on +61 8 9288 2100 during WST office hours
us on +61 8 9288 2100 during WST office hours
Category:
Comments:
Housing prices
Housing prices fell over two years ago and have for the past eighteen months and the market has since then been very level. The fact listing prices have to come down to this level to meet the market and create a sale does not mean the maket is in a downward spiral. The only prices coming down are listing prices. I believe the market is in a healthy state and is a very honest market at present. As an office, (name withheld) Realty has had over eight months of strong sales which indicates property that meets the market will sell
Metals X stops work at Wingella
18 Jun 2013
First homebuyers cheer low rates
18 Jun 2013Reality check needed on Oakajee
18 Jun 2013Satterley picks up 44-hectares in Wandi
18 Jun 2013
Buswell versus Carles takes a twist
18 Jun 2013
