By Stephen Johnson, Economics Reporter For Daily Mail AustraliaPublished: 20:34 EDT, 2 May 2021 | Updated: 20:53 EDT, 2 May 2021Australian home price growth is set to slow down in late 2021 following double-digit surges since the worst of the Covid downturn. CoreLogic's research director Tim Lawless said property price growth was likely to slow in coming months as affordability worsened. Australian home price growth is set to slow down in late 2021 following double-digit surges since the worst of the Covid downturn. In the territories, Darwin's median house price increased 2.7 per cent to $534,332 as Canberra's mid-point climbed 2.1 per cent to $833,080. CoreLogic's research director Tim Lawless said property price growth was likely to slow in coming months as affordability worsened.

Source: The Nation May 03, 2021 00:56 UTC