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The downturn that has been long-running across the Perth housing market seems to have caught a second wind, with values down 2% over the past three months to be 3.3% lower over the year.
CoreLogic has released their newest housing market update for November 2018.
Perth Housing Market Update | November 2018
The weakening conditions are concentrated across at the more affordable end of the Perth market, with the lower quartile of dwelling values falling 5.2% over the past twelve months compared with a 1.6& decline across the upper quartile.
Since peaking in mid-2104 Perth dwelling values have fallen by a cumulative 14.2%.
NATIONAL HOUSING MARKET UPDATE [VIDEO] | NOVEMBER 2018
