Australia Property Prices Rose in March Before Virus Shutdowns
- Home values rose 0.7% last month, CoreLogic data shows
- Sales to fall ‘dramatically’ as shutdowns slam economy
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Australian home prices rose in March but the market is set to weaken as the coronavirus shutdown slams the property industry.
House values in the eight state and territory capitals gained 0.7% last month, according to CoreLogic Inc. data released Wednesday.