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1.Market Observations, 8.Was Sticky

2 June 2017 (AFR) – Corelogic shows May house prices fall but experts await ‘bounce back’

(2 June 2017, AFR, p7, by Su-Lin Tan)

‘House prices have fallen in Sydney and Melbourne but experts warn it is too early to call a housing downturn. Over the month of May, Sydney house prices fell 1.3 per cent and Melbourne’s prices dropped 1.7 per cent, according to Corelogic’s latest Hedonic Home Value Index. Hobart’s prices also fell 4.8 per cent, but Brisbane prices were largel…’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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