The median house price for Australia's combined capital cities fell 0.8 per cent during the September quarter, according to the latest REIA Real Estate Market Facts report.
The value of interest-only loans approved during the September quarter dived 44.8 per cent, and were a record low as a proportion of total new mortgage lending.
Global house prices running out of steam: Knight Frank
Knight Frank's Q3 2017 Global House Price Index increased 5.1 per cent in the year to 30 September, down from 6.3 per cent growth in the previous quarter.