Perth struggles amid softer house prices

September 11, 2017

An aerial view of residential housing on the Gold Coast.

House price growth is continuing to plateau across the nation's capital cities, despite a rebound in auction clearance rates.

Of 2,225 auctions for the week to September 10, the clearance rate rebounded to 70.2 per cent, following the previous week's revised 66.4 per cent - the lowest combined capital weekly clearance rate since June 2016 - according to property data group Corelogic.

But house price growth has moderated, with the combined capital city prices up 0.2 per cent for the month, and values lifting fractionally in Sydney, Adelaide and Melbourne, over the week, but flat in Brisbane and 0.1 per cent lower in Perth.

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