We were lucky to be joined by Domain Group's Chief Economist Dr Andrew Wilson at Real Estate Investar Live, Sydney.
Here is a copy of the slides Dr Wilson presented on the current state of the Australian property market.
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We were lucky to be joined by Domain Group's Chief Economist Dr Andrew Wilson at Real Estate Investar Live, Sydney.
Here is a copy of the slides Dr Wilson presented on the current state of the Australian property market.
Australia’s property downturn accelerated in July, with Cotality’s national Home Value Index (HVI) dropping 0.7% — the steepest monthly decline since December 2022. The weakness is no longer limited to Sydney and Melbourne, as mounting demand-side pressures pushed previously resilient mid-sized capitals into negative territory.
Cotality’s national Home Value Index (HVI) fell 0.4% in June, the largest monthly decline since December 2022, led by drops in Sydney (‑1.2%), Melbourne (‑1.0%) and the ACT (‑0.6%).
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent.
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