Australian home prices have fallen for the third successive month, due to the economic impact of the COVID-19 pandemic.
According to CoreLogic’s home value index, housing prices nationally dropped by 0.6 per cent in July. This followed a 0.7 per cent drop in June and a 0.4 per cent drop in May.
The CoreLogic Daily Home Value Index aims to measure daily movements in the value of Australian housing markets. CoreLogic RP Data Daily Home Value Index: Monthly Values - 31 July 2020 is shown on this page: https://www.corelogic.com.au/research/monthly-indices