Despite some concerns about the housing market, Geelong seems to be the right place to buy. House prices in regional Victoria have fallen slightly during July statewide. Geelong however has recorded a point-two per cent increase while annual growth has been at two-and-a-half per cent. Across the nation house prices dropped by 0.4% in July, while Victoria excluding the Melbourne market Victoria saw a drop of 0.1%. National outlook is expecting the price of houses to continue to fall for the remainder of the year.