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Perth only city to post house price fall
30-June-08
Written by Emily Piesse
Perth is the only capital city to have posted a fall in house prices in the year to May, defying a flat national trend, according to data released today.
A report from RP Data and Rismark International shows Perth house prices dropped about 3 per cent on average during the first five months of the year, while overall dwelling values slid 1.2 per cent in the 12 months to May.
Nationally, dwelling values rose 7.1 per cent in the same period, while house prices remained steady in the five months to May.
Article continues...
30-June-08
Written by Emily Piesse
Perth is the only capital city to have posted a fall in house prices in the year to May, defying a flat national trend, according to data released today.
A report from RP Data and Rismark International shows Perth house prices dropped about 3 per cent on average during the first five months of the year, while overall dwelling values slid 1.2 per cent in the 12 months to May.
Nationally, dwelling values rose 7.1 per cent in the same period, while house prices remained steady in the five months to May.
Article continues...
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