Index reports have shown that home prices in April went for a halt with some capital cities citing some falls and others barely made it on the marginal gains.

According to a report released by the RP Data_Rismark Hedonic Home Value Index yesterday, it showed that national average growth for dwellings was at 0.2 per cent, after it rose from 1.3 per cent in March.

A research director for analyst firm Rpdata.com have only brushed off claims of market crash.

"We are on a cusp in seeing a change of market conditions," Tim Lawless said.

Nationally, prices for new homes reached up to 4.6 per cent this year and surged u at 11.9 per cent for the year until April, with median home price set at $460,000.

Houses in capital cities meanwhile, increased at 11.4 per cent for the year to April, which is more than the doubled 5.6 per cent for houses found in outside cities. Average prices for all dwelling by April slightly fell by 1.2 per cent in Brisbane, 0.9 per cent in Perth, and 0.3 per cent in Darwin.

Sydney also received price gains of 0.3 per cent, Melbourne and Adelaide at 0.8 per cent and in Canberra for 0.6 per cent.

Mr. Lawless explained that a slow down on home houses are attributed by the lower auction clearance rates, weaker home loan approvals and lower consumer confidence. A series of six interest rate rises also contributed to the slowdown of sales.

Christopher Joye, chief executive of Rismark, explained that figures released should not mean that the country is facing a housing boom.

"The change in the cost of Australian housing was being driven by demand and supply-side fundamentals, not higher debt levels," Mr Joye said.