Domain House Price Report June 2020
The median national home listing price grew by 5 1 percent year over year to a new high of 342 000 in june.
Domain house price report june 2020. According to the latest domain house price report house prices dropped by 2 per cent and unit prices by 2 2 per cent nationally over the quarter. This is the first time that annual house price growth has been in negative territory since december 2012. On a seasonally adjusted basis house prices in june were 3 2 lower than in april.
The effects of covid 19 have begun to filter through the housing market with house and apartment prices weakening nationally over the june quarter. House prices rose 5 4 percent from the second quarter of 2019 to the second quarter of 2020 according to the federal housing finance agency fhfa house price index hpi. Annual house price growth slowed to 0 1 from 1 8 in may.
House price report june 2020. Read the latest news related to domain house price reports. Find out how the market is performing.
Fhfa s seasonally adjusted monthly index for june was up 0 9 percent from may. It is unsurprising that annual house price growth has. The recently released domain house price report for the june quarter includes figures for the.
Domain s house price report for june 2020 explores the state of the property market across the australian capital cities. The smallest average house price growth of all property types was in flats and maisonettes up by 0 5 in the year to june 2020 to 112 000. House prices increased over the last year in 21 out of.
House price report september 2020. Domain jul 22 2020. Domain oct 28 2020.