Aus housing slump well beyond city limits

NEWS: Although Sydney and Melbourne are driving a housing slump, most regions reacted to tighter credit conditions with weaker results in 2018, says CoreLogic.

Image of a houseing estate by AAP

เกือบทุกภูมิภาคของออสเตรเลียนั้นตอบสนองต่อภาวะการปล่อยกู้ที่ยากลำบากขึ้น โดยมีผลลัพธ์ราคาที่อ่อนตัวลงในปี 2018 Source: AAP

The big two markets of Sydney and Melbourne continue to drive a housing downturn but fresh property data shows the slump went well beyond city limits in 2018.

CoreLogic's latest Hedonic Home Value Index shows national dwelling values fell 2.3 per cent over the December quarter - the worst quarter-on-quarter decline since 2008 - with most regions of Australia recording a weaker performance as national values dropped 4.8 per cent in total in 2018.

You can read the full version of this story in English on SBS News .


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Published 2 January 2019 1:01pm
Updated 2 January 2019 5:51pm
By AAP-SBS
Presented by Tanu Attajarusit
Source: AAP, SBS


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