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There was a 1.3 per cent rise in values for the segment of Sydney homes worth $1,520,111 and above last quarter – the top 25 per cent of the Sydney market, CoreLogic figures show.
This was a turnaround from the three months to January during which dwelling values were down by 4.1 per cent in Sydney’s top end.
The top end was stronger than the more affordable 25 per cent of the market, where values fell 0.7 per cent over the March quarter.
In Melbourne, homes in the top 25 per cent of the market, valued at $1,051,764 or above, fell in value by 0.6 per cent over the same period. It was a smaller fall than the more affordable end, which lost 1.3 per cent.
Melbourne’s upper end also stabilised compared with its 3.5 per cent fall in the three months to January.
https://www.smh.com.au/property/ ... 0230412-p5czvx.html |
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