Slowdown arrives
Early in March housing market activity was running hot, giving rise to further price gains over the month.
However, transactions were stalling by the latter half of the month as open homes and auctions are no long permissible due to restrictive COVID-19 regulations.
The +0.7 per cent increase was already the slowest growth for a year.
Sydney led the quarterly gains with an increase of +3.9 per cent.
Source: CoreLogic
The full report from CoreLogic is here.
