All Tasmanian regions recorded negative house price growth for the year: ANZ

Cassidy KnowltonDecember 8, 2020

Regional areas have outperformed capital cities in the year to March, according to ANZ, but not a single region in Tasmania recorded positive house price growth for the year to March.

"Despite being lower in annual growth terms, regional house prices have been more stable than capital city house prices, which have seen larger price falls across all major states and territories," notes the Australian Housing Chartbook.

"While regional house price growth in most states have been dispersed between increasesand decreases, Tasmania’s regional house prices were all lower in the year to March 2012, reflecting the relativelysoft economy and weak labour market conditions."

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Source RP Data, Rismark, ANZ


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