Signs the housing market could be slowing...with a drop in the number of housing valuations nationwide
Signs the housing market could be slowing...with a drop in the number of housing valuations nationwide
5 May 2021
CoreLogic's House Price Index for April found recent mortgage-related valuation orders are down 11 per cent, compared to the previous six months.
Head of research Nick Goodall says it shows there's been a slight pullback in activity ... but after recent government announcements, it could've been bigger.
He says given discussion about profitability for investors reducing significantly, it's surprising there hadn't been as much as a drop.
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