The Perth Suburbs Where Home Values Are Starting to Drop A recent report from Cotality reveals that home values in Perth are declining, with 97% of suburbs experiencing a drop in value over the last three months.
This trend may not come as a surprise given the national housing downturn, but what's striking is the differing views from real estate agents on the ground.
Cotality's executive research director Tim Lawless attributes this decline to headwinds from higher interest rates and low sentiment.