Regional home prices holding up as city slickers suffer
AS Australian property prices slump nationwide, regional homeowners can take solace that their assets have outperformed those in the big smoke over the past year. In the year to September, regional dwelling values gained 5.6 per cent, while those in the capital cities have declined 1.8 per cent, according to a Cotality report on Thursday. Even though cities such as Perth and Darwin recorded average dwelling value increases exceeding 10 per cent in the period, the decline in east coast metropolises such as Sydney and Melbourne has brought the average for the capitals down. The increas