ABS data shows capital city prices fell 2.4% in December quarter and 5.1% over 2018

Home prices across Australia’s capital cities fell by 2.4% in the three months to December, trimming the total value of the country’s dwellings to $6.7tn.

Prices fell 5.1% across the whole of 2018, according to the Australian Bureau of Statistics’ Residential Property Price Index, released on Tuesday.

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Read More Australian house prices down in every capital city except Adelaide and Hobart

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