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Price of housing drops in 2018

Research indicates that the pricing of houses in Australia has been dropping so far in 2018, and the trend is expected to continue.

Last month, the price of housing on a national scale dropped by 0.5 per cent. This is reflected in state trends, with the following statistics:

  • Adelaide prices have decreased 0.9 per cent in the last month, and down 02 per cent in the past year.
  • Brisbane prices have decreased 0.1 per cent in the last month, and remained even over the past year.
  • Melbourne prices have decreased 0.2 per cent in the last month, and 0.2 per cent in the past year.
  • Perth prices have decreased 0.3 per cent in the last month, and 0.4 per cent in the past year.
  • Sydney prices have decreased 0.9 per cent in the last month, and 1.0 per cent in the past year.

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