Q: What’s happening to property values around Australia?

The latest figures from Core Logic confirm that our housing markets are having a weak run, with dwelling prices falling in both capital cities and regional locations over the last quarter.

However, since peaking in September last year, the overall Australian housing market has recorded a cumulative 1.9% fall in value.

Clearly, Australia’s housing markets are not performing anywhere near as badly as some of the scary headlines would suggest.

In fact, we’re experiencing a relatively mild downturn considering that nationally house prices are still 31% higher than they were five years ago.

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