Which City has the biggest property fall?

BRISBANE homeowners have suffered the greatest property price falls in the nation, new figures show.

The RP Data-Rismark Hedonic Home Value Index, released today, showed the value of dwellings in Brisbane dropped 0.4 per cent in July to a median price of $420,000, seasonally adjusted.

The fall brings the total decline in the city’s property prices to 6.6 per cent over the past 12 months – the worst in the country.

Read more: http://www.news.com.au/money/property/brisbane-homeowners-suffer-greatest-losses-in-australia/story-e6frfmd0-1226126607452#ixzz1WhHCGR00