It’s not all doom and gloom when it comes to the recent falls in real estate prices along the Far South Coast.
New data released by Core Logic shows local property prices are still relatively soft with a fall of point-8 percent in February.
The average local home value has fallen by around $56,000 over the past 12 months
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But their Head of Research Tim Lawless said the local market is starting to show some more positive signs.
He said Far South Coast property owners are still in a great position compared to before the COVID Pandemic.
