Australia’s house price correction steepened in August. According to Cotality’s daily dwelling values index, which tracks value changes across Australia’s five major capital city markets, home prices declined by a hefty 1.2% at the 5-city aggregate level in August. As illustrated in the chart above, declines were broad-based, with significant losses reported across the five major capital city markets. Over …


The World Observer Media produces a daily online newspaper, a daily Arabic online newspaper and a monthly printed Arabic/English magazine and a weekly printed Arabic/English newspaper.
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