Housing crisis: Australia's home values keep rising despite cost-of-living pressures
Property values rose across most capital cities in March, but the size of the increase varied widely.
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Property values rose across most capital cities in March, but the size of the increase varied widely.
Melbourne is the only city that has seen house prices drop since January, as Australia grapples with a fifth month of record prices.
Victorian property investment declined last year while advertised rents increased by 11 per cent, according to new data from NAB.
CoreLogic’s Home Value Index (HVI) rose 0.6 per cent over the month, on par with February’s increase and marking the 14th straight month of growth in housing values.
CoreLogic data shows prices rose 0.6% in March while separate index from PropTrack produces similar results