Original article by Michael Bleby
The Australian Financial Review – Page: 3 : 12-Oct-17
Data from Domain Group shows that the median house price in Sydney fell by 1.9 per cent to $A1,167,516 in the September quarter. The median house price in Melbourne increased by 1.3 per cent to $A880,902 and the median house price in Hobart rose 4.4 per cent to $A409,592. However, there was a decline in the median house price in Adelaide, Brisbane and Perth. Domain’s chief economist Andrew Wilson says the crackdown on interest-only loans has contributed to the house price falls in Sydney.
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