Many regional centres have been less affected by the virus and some are experiencing increased demand as people work remotely and look for property outside the big cities.
Graph 6  Housing Price Growth Six-month-ended annualised %  %  New South Wales  20  20  Capital city  10  10  0  0  Regional  -10 %  -10 %  Victoria  20  20  10  10  0  0  -10  -10  -20  -20  2015  2016  2017  2018  2019  2020  Sources: CoreLogic; RBA  Within the capital cities, the markets for houses and apartments are also performing quite differently.