Rate of Decline In Housing Values Eases Again

The geographic scope of Australia’s housing downturn broadened through October with every capital city and rest-of-state region (apart from regional South Australia) recording a drop in housing values last month. CoreLogic’s national Home Value Index (HVI) moved through a sixth month of consistent declines, as values fell a further -1.2% in October. Across the capital cities the month-on-month...