Regional South Australia has seen its housing market reach a new peak, with property prices in the area hitting “significant growth” as home prices continue to fall across the country, according to PropTrack’s latest report.
Meanwhile, Adelaide was the last capital city to record a price fall this year, making it the strongest performing capital city over the past year “with regional SA the only stronger market nationwide.”
According to the report, national house prices continued to fall in August, having fallen 2.7 percent from their peak in March, and have retraced all their 2022 gains to be one percent down year-to-date….