CoreLogic’s daily dwelling values index shows that Melbourne is the only major market where home prices are falling, down 0.1% over the past 28 days: So far in 2024, Melbourne dwelling values have fallen by 1.4% versus a 4.9% increase at the 5-city aggregate level: The slump in Melbourne’s housing market has prompted property developer
The post Unsold homes pile up in “dead” Melbourne appeared first on MacroBusiness.