{"id":18507,"date":"2019-05-01T13:09:32","date_gmt":"2019-05-01T01:09:32","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=18507"},"modified":"2019-05-01T13:09:32","modified_gmt":"2019-05-01T01:09:32","slug":"worst-of-housing-slump-has-passed-as-property-price-falls-begin-to-slow","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/worst-of-housing-slump-has-passed-as-property-price-falls-begin-to-slow\/","title":{"rendered":"Worst of housing slump has passed as property price falls begin to slow"},"content":{"rendered":"

 <\/p>\n

PHOTO:\u00a0New housing construction is increasing Sydney\u2019s housing supply. Picture: Toby Zerna\u00a0Source: News Corp Australia<\/em><\/span><\/strong><\/p>\n

Sydney home prices are no longer falling as rapidly as they once were and property analysts say the market is starting to show green shoots that point to a coming rebound in values.<\/p>\n

Sydney\u2019s housing downturn has started to moderate and property prices are no longer falling as quickly as they once were.<\/p>\n

\n

New figures published today showed the citywide median home price dropped just 0.7 per cent over April, well below the 1.8 per cent drop recorded in December when the market slump was in full swing.<\/p>\n

The April falls meant a typical Sydney home is nearly 11 per cent cheaper than it was at this time last year with a median price of $780,672, according to the CoreLogic research.<\/p>\n

READ MORE NEWS.COM.AU<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

  PHOTO:\u00a0New housing construction is increasing Sydney\u2019s housing supply. Picture:Read More →<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":18508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478103828,478098519,478098535,478100749,478101043,478104943,478098556,478098513,478101743,478099125,478098579,478098510,478100165,478098514,478098511,478098509,478098536,478098618],"class_list":["entry","author-data123nz","post-18507","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-corelogic-research","tag-home-ownership","tag-house-prices","tag-housing-downturn","tag-housing-slump","tag-new-home-building","tag-nsw","tag-property","tag-property-correction","tag-property-crash","tag-property-market","tag-property-news","tag-property-values","tag-propertynoise","tag-real-estate","tag-real-estate-news","tag-sydney","tag-sydney-property"],"yoast_head":"\nWorst of housing slump has passed as property price falls begin to slow - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/worst-of-housing-slump-has-passed-as-property-price-falls-begin-to-slow\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Worst of housing slump has passed as property price falls begin to slow - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"  PHOTO:\u00a0New housing construction is increasing Sydney\u2019s housing supply. 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