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COVID-19 economic impact behind Australian home prices falling

Aug 10, 2020 6:57:02 PM

Australian home prices have fallen for the third successive month, due to the economic impact of the COVID-19 pandemic.

According to CoreLogic’s home value index, housing prices nationally dropped by 0.6 per cent in July. This followed a 0.7 per cent drop in June and a 0.4 per cent drop in May.

The CoreLogic Daily Home Value Index aims to measure daily movements in the value of Australian housing markets. CoreLogic RP Data Daily Home Value Index: Monthly Values - 31 July 2020 is shown on this page:

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