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Perth property frenzy eases as house prices dip below peak
2025-04-20 16:45:04| Spiritual Career Counseling
AdvertisementPropertyNewsWA residential propertyBy Sarah BrookesApril 1, 2025 2.00am, registeror subscribeto save articles for later.Save articles for laterAdd articles to your saved list and come back to them any time.Changing conditions in Perths turbulent property market has seen the pace of price gains slow noticeably with adjusted values now ever so slightly below peak levels recorded in October last year.According to the latest data from CoreLogic, Perth home values (both houses and units) rose a modest 0.2 per cent last month to hit a median $806,205.Research director Tim Lawless said Perth home values had led the five-year upswing among the capitals, rising 75.4 per cent since March 2020, and low supply could support further value growth.Although values are still increasing, the pace of gains has slowed noticeably, especially in Perth, where downward revisions over recent months have put values slightly below peak levels (-0.05 per cent) from October last year, he said.Ev...
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