Archives
May 2024 Property Market Update: Home Values Continue Upward
In May, CoreLogic’s Home Value Index (HVI) showed a notable rise of 0.8%, marking the 16th consecutive month of growth. This increase is the largest since October last year, indicating a robust housing market recovery across various regions. Here’s CoreLogic’s report...
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April 2024 Property Market Update: Gains Despite Tough Economy
In April, the CoreLogic national Home Value Index (HVI) rose by 0.6%, maintaining the same pace as the previous months. This rise has added about $4,720 to the median dwelling value, bringing the total growth since last year’s trough in January to 11.1%, or about $78,000. Here’s...
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March 2024 Property Market Update: Growth Continues
As we dive into the latest insights from CoreLogic’s national Home Value Index (HVI), it’s clear that the property market is a dynamic landscape with its own unique rhythm and pulse. Let’s unpack the highlights from March 2024 and what they mean for buyers,...
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Housing Values Re-Accelerate In February
The Australian housing market showed signs of improvement in February 2024, as housing values experienced a subtle re-acceleration. CoreLogic’s national Home Value Index (HVI) for February 2024 increased by 0.6%, marking the strongest monthly gain since October 2023. Except...
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January 2024 Property Market Insights From CoreLogic’s HVI
The Australian housing market showed resilience in January, continuing its upward trajectory into 2024. In the latest CoreLogic Home Value Index (HVI), national dwelling values increased by 0.4% in January, marking the 12th consecutive month of increases. While there are variations...
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December 2023 Property Market Overview With An Eye On 2024 Trends
The national Home Value Index (HVI) rose 8.1% in 2023, recovering from a 4.9% drop in 2022, but below the 24.5% surge in 2021. December brought a soft 0.4% monthly rise in values, the smallest gain since February, indicating slowing conditions. There was diversity in home...
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Property Market November 2023: A Modest Increase
CoreLogic’s Home Value Index showed a modest 0.6% rise in November, marking the smallest monthly gain since the growth cycle commenced in February 2023. Despite this slowdown, the national HVI achieved a record high. After a 7.5% decline from the peak in April 2022 to the...
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Values Still Rising, But Slowdown Expected
CoreLogic’s Home Value Index recorded a 0.9% rise in October 2023. The national index has bounced back 7.6% and is merely half a percentage point shy of the historic highs witnessed in April last year. CoreLogic’s research director, Tim Lawless, said that a nominal recovery...
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Housing Values Still Rising, Growth Slowing Down
CoreLogic’s Home Value Index recorded a 0.8% rise in September. Since a trough in January, the national index has recovered by 6.6%, but home values still remained 1.3% below the record highs from April last year. Adelaide recorded the highest capital gain for the September...
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Housing Values Rise For The Sixth Consecutive Month
Housing values rose for the sixth consecutive month in August, with the Home Value Index (HVI) increasing by 0.8%. This represents a slight uptick from the 0.7% growth observed in July. Since hitting its low point in February 2023, the HVI has increased by 4.9%, adding $34,301...
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