A slight reduction in the rate of house price growth across the country
A slight reduction in the rate of house price growth across the country
1 July 2021
The latest CoreLogic House Price Index shows nationwide values increased by 1 point 8 per cent over June.
That's back from the 2 point 2 per cent growth seen over May.
Head of Research Nick Goodall says a bit of a slow down in market momentum isn't too surprising.
He says the tightening of the Loan to Value Ratio restrictions, and the Government announcing that it plans to reduce investors' ability to deduct their tax costs, are weighing on the market.
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