{"id":20237,"date":"2019-07-25T14:38:56","date_gmt":"2019-07-25T02:38:56","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=20237"},"modified":"2019-07-25T14:38:56","modified_gmt":"2019-07-25T02:38:56","slug":"sydney-house-price-falls-slow-as-property-market-downturn-nears-its-end-new-report","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/sydney-house-price-falls-slow-as-property-market-downturn-nears-its-end-new-report\/","title":{"rendered":"Sydney house price falls slow as property market downturn nears its end: new report"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a0Domain House Price Report: June Quarter 2019 Prices have experienced modest growth in Melbourne, Hobart and Canberra in recent months, and fell less sharply in almost every other capital.<\/strong><\/p>\n<p class=\"first-para\">Sydney\u2019s largest correction in house prices since the 1980s appears to be near its end, with prices increasing in more than half of the city\u2019s regions in the June quarter, new data shows.<\/p>\n<p>Overall, the city\u2019s house and unit price declines have slowed to\u00a00.4 per cent\u00a0\u2013 the smallest quarterly fall since prices started sliding in December 2017,\u00a0<a href=\"https:\/\/www.domain.com.au\/research\/house-price-report\/june-2019\/\">according to Domain\u2019s June<em>\u00a0House Price Report<\/em>, released on Thursday<\/a>.\u00a0And Sydney\u2019s median price is likely to stay above $1 million.<\/p>\n<p>The citywide median house price has dropped to $1,032,338\u00a0\u2013 back to early 2016 levels while\u00a0the median unit price has dropped to $688,652,\u00a0 back to mid-2015 levels.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.domain.com.au\/news\/sydney-house-price-falls-slow-as-property-market-downturn-nears-its-end-862446\/\">DOMAIN<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a0Domain House Price Report: June Quarter 2019 Prices have<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/sydney-house-price-falls-slow-as-property-market-downturn-nears-its-end-new-report\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":20238,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098573,478098730,478098512,478098521,478103303,478098519,478098535,478098556,478098513,478101743,478099125,478098873,478098579,478098510,478098514,478098511,478098705,478098533,478098509,478098536,478098618],"class_list":["entry","author-data123nz","post-20237","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-apartment","tag-auctions","tag-australia","tag-australians","tag-domain-house-price-report","tag-home-ownership","tag-house-prices","tag-nsw","tag-property","tag-property-correction","tag-property-crash","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news","tag-sydney","tag-sydney-property"],"yoast_head":"<!-- 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