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AU home values inch higher nationally as growth loses momentum
Dwelling values increased a modest 0.4% in the first month of spring, broadly in line with the monthly change in July and August at 0.3% as momentum continues to leave the market. Nationally, housing values rose 1.0% in the September quarter, the lowest rise in the national Home Value Index (HVI) over a rolling three-month period since March 2023 when the market was moving through the early phases of the current upswing. Demonstrating the diversity of housing conditions, four capital cities recorded a fall in dwelling values through the September quarter, led by Melbourne where values were down -1.1%. Canberra, ... (full story)
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- Posted: Oct 1, 2024 10:10pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,267
