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Sales of new homes in Australia plummeted in June 17, the lowest level since 2013

Sales of new homes across Australia fell to their lowest level since 2013 in June (Sydney Morning Herald).

According to the Sydney Morning Herald, according to a survey released Monday by the real estate association (Housing Industry Association (HIA), although the housing market is different from state to state, But sales of new homes fell to their lowest level since 2013 in June.

It is understood that the Real Estate Association conducted a survey of a large number of builders and found that, due to seasonally adjusted reasons, the number of new home sales in Australia in June decreased by 6.9% compared with May. A reversal of the growth in sales over the previous two months. Sales of new stand-alone homes fell 5.7%, while apartment sales fell 10.7%.

Overall new home sales in Australia fell 11.9% in June from a year earlier. The situation varies from state to state. Sales of new properties fell in New York, South Australia and Kunzhou, while those in Victoria and Western Australia showed an upward trend.

Prices in most of Australia's capital cities have fallen over the past week, with the exception of Adelaide (Adelaide), according to CoreLogic. The overall liquidation rate is slightly higher.

In the last week of July, home prices rose slightly by 0.3 percent, Sydney by 0.3 percent, Melbourne by 0.1 percent, Brisbane by 0.7 percent and Brisbane by 0.2 percent.

Over the same period, the overall liquidation rate of the five capital cities was 70.7 percent, up slightly from 66.9 percent the previous week.

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