Perth house prices suffered their largest monthly decline in almost a year, after slipping 0.8 per cent in July, according to the latest data from CoreLogic.
Perth house prices have declined or remained steady in four of the past five months, according to the latest data from CoreLogic, while national values posted the first annual decline in more than five years.
Having shown recent signs of improvement, Perth house prices were steady in April, while the national market continued its downward trend, according to the latest data from CoreLogic.
Perth house prices were up 0.3 per cent in March, and have risen in four of the past six months, according to the latest data from CoreLogic, adding to hopes of a sustained improvement in the residential property market.
Perth house prices took another hit last month, with the median slipping 0.8 per cent as the combined value of the nation's capital cities edged 0.1 per cent higher.
A small turnaround in Perth dwelling values last month helped stave off a negative quarterly result, as the Western Australian capital continues to battle a persistently subdued market.
Multiple public holidays in April are considered a likely contributer to a soft housing market for the month, with Perth house prices slipping into negative territory again amid a slowdown across the country.
Perth median home values rose 1 per cent in March, according to the latest data from CoreLogic, but the Western Australian capital remains Australia's worst-performing residential property market on an annual basis.
The worst could soon be over for Perth's troubled housing market, with new data hinting at a bottoming of the downturn while warning that any recovery will likely be slow.
Perth's housing market continued to show life to round out 2016, with median house prices posting their first quarterly increase since April last year, according to property analytics firm CoreLogic.
Perth is now the only capital to record a year-on-year fall in house prices, and was the weakest-performing city in the three months to November, according to new data.
Perth dwelling values tumbled by 2.5 per cent last month to their lowest level in nine years as weak demand continued to cripple the housing sector in Western Australia.
Perth median home values rose over the month of March, but are still down 2 per cent on where they were a year ago, according to the latest research from CoreLogic RP Data.
Perth dwelling values fell 1 per cent in January as Australia's combined capital cities showed a 0.9 per cent rise, with the local market expected to remain soft this year.
Perth dwelling values took a surprise positive turn in the last month of 2015, but a property analyst predicts growth in the local housing market is still at least a year away.
The Reserve Bank of Australia has resisted temptation to slash interest rates to another historic low, but has flagged the possibility of cuts in the near future.
Perth median house prices remained largely flat in June, recording a 0.4 per cent fall, taking the yearly reduction to 0.9 per cent, according to market analysts CoreLogic RP Data.
Perth home prices have ticked slightly higher in April to a median price of $520,000, which equates to an increase of just 0.3 per cent over the past year
Perth home values were steady in March but have fallen 2.7 per cent in the first three months of 2015, with the city the weakest performing among all Australian capitals, according to analytics fir
Perth's residential real estate market remained largely steady in September, with the Real Estate Institute of WA reporting a 1 per cent rise, while national analysts RP Data said median home price
RP Data-Rismark's monthly look at home prices showed median values in Perth fell by 0.5 per cent in July, taking the quarterly fall in median values to 0.1 per cent.
Perth home values have gone backwards over the year to date despite growth in all other capital cities, according to the latest RP Data-Rismark home value index.
