Property prices have increased for six months in a row.

In August, home values increased across the board by 0.8%, making it six months in a row that home values have increased.

While real estate values nationwide experienced a sixth consecutive month of rises, Adelaide and Perth were the outstanding real estate markets during the past month.

In August, CoreLogic's national Home Value Index increased 0.8% as real estate prices continued to reverse the 9.1% decrease from their all-time highs in April 2022.

Prices nationwide are risen 4.1% since February, although they are still 5.3% below their peak from April 2022.

Regional values continued to trail behind capital values, with a 0.2% increase in the combined regional index compared to a 0.8% increase in the combined capital index.

In comparison to the capital city, each rest-of-state region saw a lesser change in dwelling prices, which reflects a weaker housing demand across regional Australia as demographic trends normalise.

Tim Lawless, director of research at CoreLogic, stated that Sydney has experienced the worst decline in growth.

The monthly rate of growth in Sydney housing prices has decreased by half from a recent high of 1.8% in May to 0.9% after leading the uptrend.

"The number of new listings added to the market in Sydney has also increased significantly, rising by 18.0 percent over the previous five-year average and 9.9 percent over the same period last year."

A greater number of new postings provide buyers more options and may be helping to lessen some of the urgency they feel, the expert claimed.

Brisbane and Adelaide saw monthly growth accelerate, leading growth in the capital cities with house prices up 1.4 per cent in both cities.

Although the trend of new listings has increased in these cities, Mr. Lawless said that number is still well below the level of a year ago and the average of the previous five years.

Canberra was the only capital city to record a fall in values, down 0.1 per cent, while Hobart's values were unchanged.