CoreLogic says Sydney, Melbourne house prices up in June despite cooling
Su-Lin TanReporter
Updated
Sydney and Melbourne housing prices continue to defy a cooling, posting another price rise in the month of June, according to Corelogic's June Home Value Index.
While foreign buyers were once thought to be mainly responsible for the the rise in house prices in the last three years, local homebuyers and investors showed their buying power buoyed by record low interest rates. The major banks have all ceased foreign lending.
Loading...
Su-Lin Tan reported on housing, commercial real estate and property finance. She also covered China and Asian business, trade and politics. Connect with Su-Lin on Twitter. Email Su-Lin at stan@afr.com.au
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Latest In Residential
Fetching latest articles