Melbourne's property market has taken another big hit during August, with price declines more than twice those seen in any other capital city around the country.
The Victorian capital's prices are now down 4.6 per cent since the coronavirus pandemic hit in March.Adelaide and Perth had flat prices, while Hobart , Canberra and Darwin posted gains. "Over the month of August 2020, we've seen new listings volumes down about 12 per cent, or a decline of about 3,500 additional listings over the month," she observed.
Stabilise... good one...
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