Australian CoreLogic House Price index for August: -0.4% m/m (previous –0.6%) - ConsultFX

Australian CoreLogic House Price index for August: -0.4% m/m (previous –0.6%)

Another drop in this indicator of the price of houses in Australia   Amongst the concerns for the economy in Oz is falling house prices could weigh on consumer spending via the 'wealth effect' (ie falling house prices will make us feel poorer so we spend less)