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Sunday 22

July, 201812:42 PM



Weekly home prices flat, says CoreLogic

Weekly home prices flat, says CoreLogic

The latest weekly CoreLogic property figures show house prices were flat across Australia's five major capital cities for the week ending May 13.

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By AAP 14.05.2018 11:39 AM

House prices across Australia's five major capital cities were flat last week with the number of auctions and the clearance rate down from the same period a year ago.

On an annual basis, home prices were down 3.8 per cent in Sydney in the week ending May 13, while they were 3.3 per cent higher in Melbourne, 0.7 per cent higher in Brisbane and Adelaide and 2.2 per cent lower in Perth, data by CoreLogic property group shows.

About 2,245 homes went under the hammer last week across the nation's capital cities with a preliminary auction clearance rate of 61 per cent, down from 2,409 homes and a clearance rate of 72.8 per cent in the same week a year ago.

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