{"id":24410,"date":"2020-04-01T16:12:52","date_gmt":"2020-04-01T03:12:52","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=24410"},"modified":"2020-04-01T16:12:56","modified_gmt":"2020-04-01T03:12:56","slug":"impossible-to-fathom-warning-signs-for-housing-market","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/impossible-to-fathom-warning-signs-for-housing-market\/","title":{"rendered":"\u2018Impossible to fathom\u2019: Warning signs for housing market"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>PHOTO: How will the property market weather coronavirus? Images: Getty<\/strong><\/p>\n\n\n\n<p class=\"has-drop-cap wp-block-paragraph\">The national housing market rose 0.7 per cent over March in its weakest performance since July last year, as coronavirus\u2019 impact on sales volumes began to be felt.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The first two weeks of March saw prices across the country rise, before softening in the second half of the month as the government introduced restrictions on open houses and auctions designed to slow the spread of coronavirus, the latest CoreLogic home value index revealed on Wednesday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Darwin had the strongest monthly growth, up 2.0 per cent, while Sydney saw growth of 1.1 per cent.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Over the last year, Sydney has also seen the strongest growth, up 13.0 per cent, followed by Melbourne, which has seen value growth of 12.0 per cent.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/6yS5_81vkbRD4N5iYCpYBg--~A\/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9ODAw\/https:\/\/media-mbst-pub-ue1.s3.amazonaws.com\/creatr-uploaded-images\/2020-03\/8d11d760-73ab-11ea-bb5f-a166f751386e\" alt=\"Image: CoreLogic\"\/><figcaption>Image: CoreLogic<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">In fact, in the last 12 months, all capital cities bar Perth and Canberra have recorded positive growth, with all regions recording positive quarterly growth.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Each capital city sub-region recorded positive value growth in March, while only 5 of the 42 non-capital city sub-regions saw a decline in value.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">READ MORE VIA <a rel=\"noreferrer noopener\" href=\"https:\/\/au.finance.yahoo.com\/news\/australian-housing-market-records-07-per-cent-increase-in-march-001806556.html\" target=\"_blank\">YAHOO<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/04\/fergs-coffee-adjusted-1024x1024.png\" alt=\"housing market\" class=\"wp-image-24412\" srcset=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/04\/fergs-coffee-adjusted-1024x1024.png 1024w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/04\/fergs-coffee-adjusted-300x300.png 300w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/04\/fergs-coffee-adjusted-150x150.png 150w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/04\/fergs-coffee-adjusted-768x768.png 768w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/04\/fergs-coffee-adjusted-1536x1536.png 1536w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/04\/fergs-coffee-adjusted-465x465.png 465w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/04\/fergs-coffee-adjusted-500x500.png 500w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2020\/04\/fergs-coffee-adjusted.png 2000w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption><strong>COMING SOON<\/strong><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: How will the property market weather coronavirus? Images: Getty<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/impossible-to-fathom-warning-signs-for-housing-market\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":24411,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478108580,478109127,478108952,478109111,478099030,478103440,478101743,478099125,478101994,478098579],"class_list":["entry","author-data123nz","post-24410","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-coronavirus","tag-coronavirus-property-risk","tag-covid-19","tag-covid-19-lockdown","tag-housing-market","tag-housing-markets","tag-property-correction","tag-property-crash","tag-property-downturn","tag-property-market"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u2018Impossible to fathom\u2019: Warning signs for housing market - 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\/impossible-to-fathom-warning-signs-for-housing-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u2018Impossible to fathom\u2019: Warning signs for housing market - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"PHOTO: How will the property market weather coronavirus? 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