Welcome to this month’s housing market update
Please find below this month's CoreLogic housing market update, presented by CoreLogic research director Tim Lawless.
"The subtle rate of decline was heavily influenced by trends across Sydney and Melbourne where the pace of falling home values has been consistently reducing over the year to date. Importantly, the improving conditions through to mid-May were largely ‘organic’, pre-dating the positive boost in sentiment following the federal election and interest rate cuts in early June."
Note: Capital city updates for Darwin, Canberra and Hobart are available in the national housing market update below.