Australian property prices fall for first time in six years: report
CANBERRA, July 26 (Xinhua) -- Property prices in Australia have fallen over the past 12 months for the first time in six years, a report has revealed.
The national median property price fell one percent in the 12 months to the end of June 2018, according to a report published by property group Domain on Thursday, the first time prices have fallen in a 12-month period since June 2012.
It comes on the back of falling prices in Sydney and Melbourne, Australia's two biggest and most expensive cities.