Home prices for the combined capital cities fell 0.3 percent in June, lower for the ninth consecutive month
- Down 1.6% y/y
Impacted by tighter lending standards weighing on investment demand in Sydney and Melbourne
- "Tighter finance conditions and less investment activity have been the primary drivers of weaker housing market conditions and we don't see either of these factors relaxing over the second half of 2018," said CoreLogic Head of Research Tim Lawless
