Property prices are holding their own as various Covid support measures, low interest rates and a lack of listings underpin the market.
Corelogic's house price index was down just zero-point-two in the three months ended August.
The numbers defy the forecasts of a major fall in prices from economists at the start of the Covid pandemic, with most now revising those down.
Philippa Tolley spoke with Westpac's Chief economist, Dominick Stephens.