Watch: Melbourne's November 2018 property market news
By Tim Lawless,| 7 min read
So, how did Melbourne's property market perform last month?
"The housing market continued to lose steam last month, with national dwelling values slipping half a percent, taking the overall market 3.5% below their recent peak. National dwelling values haven't fallen this much over a single year since February 2012."
The annual change in dwelling values have tracked lower across Australia's larger capital cities:
Sydney values declined -7.4%
Melbourne values are -4.7% lower
Perth is down -3.3%
Darwin fell by -2.9%
Brisbane is up +0.4%
Adelaide values have risen +1.8%
Hobart prices increased by +9.7%
Canberra is up +4.3%
Watch Tim Lawless's full take on the latest property market movements below.
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