Australian home prices rise at weakest pace in almost two years


SYDNEY: Australian home prices rose at their weakest pace in nearly two years, led by falling prices in the key markets of Sydney and Melbourne as mounting affordability concerns sour buyer demand.

Sydney fell 0.2% in November from the prior month. Its second straight monthly decline, property consultancy CoreLogic Inc said yesterday.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Australia , home , residence , inflation

Next In Business News

Ringgit rises to 3.97 as US-Iran ceasefire lifts market
AI,�eCommerce�tailwinds to buoy logistics sector
Perak Transit names Jeffrey Cheong deputy
EPB eyes transfer from ACE to Main Market
Bus Cap secures Bursa Malaysia nod for ACE Market listing
MM Computer moves forward with IPO
SC appoints Manoj Kurup as executive director for enforcement
Ageing population shifts�the re-rating narrative
Infoline unit to buy RM19mil factories
LSH Capital wins Kuantan road contract

Others Also Read