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 improvement in the rate of decline is attributable to an easing in the market downturn across Sydney and Melbourne where values were previously falling much faster. In December last year, Sydney dwelling values were down -1.8%, with the pace of month-on-month falls progressively moderating back to -0.7% in April. Similarly, Melbourne values were down -1.5% in December, with the rate of decline improving to -0.6% in April."
Note: Capital city updates for Darwin, Canberra and Hobart are available in the national housing market update below.