Perth and Adelaide managed to avoid the dip and have recently experienced record highs.
While substantial growth has been recorded, Domain chief of research and economics Dr Nicola Powell said price growth has slowed down.
“The pace of price growth is losing momentum,” she said.
“We saw quite a strong start to the year in terms of price rise, but now we’ve started to see the pace of growth still be positive, but it moderated, and that is largely due to the increase in supply we’ve now started to see.”
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