Australian House Prices Fall for Sixth Consecutive Month in October

Australian House Prices Fall for Sixth Consecutive Month in October
A billboard advertises a new home for sale in Melbourne, Australia, on Sept. 6, 2022. William West/AFP via Getty Images
Alfred Bui
Updated:

Home values across Australia have experienced their sixth consecutive drop in October, with Brisbane leading the downward trend.

According to real estate data provider CoreLogic, national dwelling values dipped another 1.2 percent in October, following a 1.4 percent drop in September and a 1.6 percent decrease in August.
Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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