Adelaide values dipped 0.3% in July, taking the three-month trend to -0,6% and the annual decline to -0,8%.
CoreLogic has released their newest housing market update for August 2019.
The monthly fall is likely to be temporary, with Adelaide housing market conditions generally reflecting a stable trajectory.
In fact, the trend in settled sales activity is improving, with home sales creeping back towards the decade average over the past few months.
Properties are taking 50 days to sell, on average, across Adelaide, up from 44 days a year earlier, suggesting buyers aren’t facing a great deal of urgency at the moment.
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