Australia home prices rise 5th straight month but pace slowing -CoreLogic

By Stella Qiu

SYDNEY, Aug 1 (Reuters) - Australia's home prices rose for a fifth straight month in July, によれば 所有物/資産/財産 顧問 CoreLogic, although the 月毎の 伸び(る) slowed as an 増加する in new listings 申し込む/申し出d more 選択s to 買い手s, taking heat out of the market.

CoreLogic 人物/姿/数字s on Tuesday showed prices 国家的に rose 0.7% in July from June, slowing from a jump of 1.1% in the earlier month. Since finding a 床に打ち倒す in February, 国家の prices have risen 4.1%, に引き続いて a 9.1% 拒絶する/低下する from their 頂点(に達する) in April last year.

Home price 伸び(る)s in Sydney slowed to 0.9% for the month compared with June, 負かす/撃墜する from growth of 1.7%, the data showed.

The Reserve Bank of Australia (RBA) has jacked up 利益/興味 率s by a whopping 400 basis points since May last year to tame インフレーション, but 住宅 prices 設立する a 底(に届く) earlier than 推定する/予想するd 予定 to short 供給(する) and 殺到するing 移住 levels.

The 重荷(を負わせる) on mortgage 支えるもの/所有者s could 増加する その上の this week, with a わずかな/ほっそりした 大多数 of 経済学者s 投票d by Reuters 推定する/予想するing the RBA to 引き上げ(る) by another 4半期/4分の1-point on Tuesday. 未来s, however, show 期待s of a pause.

CoreLogic 研究 director Tim Lawless said 販売人s were becoming more active at a time that is 普通は 季節的に subdued, with new listings 追加するd in Australia's main cities in July 解除するing by 3.9% over the previous month.

Listings in Sydney jumped 9.9% from a year ago and were 18% higher than the 普通の/平均(する) for the previous five years.

"If we do see the 容積/容量 of listings 増加する その上の, which is likely as we approach spring, that could take some その上の heat out of the market unless that is 相殺する by a more 相当な 解除する in active 買い手s," said Lawless.< /p>

So far, it seems 需要・要求する is keeping up with the 増加するd flow of new listings, said Lawless, 追加するing that more home owners could be 選ぶing 現在の market 条件s as a good time to sell rather than waiting until later.

Separate data from PropTrack also out on Tuesday was more 上昇傾向, with 国家の prices returning to 肯定的な 年次の growth in July and just 1.4% lower than their 頂点(に達する) last year. (報告(する)/憶測ing by Stella Qiu; Editing by Tom Hogue)

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