Capital city property prices tick higher

June 19, 2017

Weekly property prices have ticked 0.6 per cent higher, on average, across most capital cities.

Property prices have ticked slightly higher across most of Australia's capital cities, although the auction clearance rate has stayed below 70 per cent.

The national auction clearance rate was 69.6 per cent in the week to June 18, from 67.4 per cent the previous week, according to the latest data from property information group CoreLogic.

The value of homes across Sydney, Melbourne, Brisbane, Adelaide and Perth rose by a collective 0.6 per cent for the week and 0.6 per cent for the month.

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