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Perth only city to post house price fall

30-June-08 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.

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