Property Market Update
Sydney & Melbourne Drag Down Housing Market
CoreLogic’s data revealed the home value index for April 2022 showed national growth of 0.6%. This is the lowest reading since October 2020. Sydney and Melbourne are the two cities with the heaviest weighting in the home value index. Sydney was down 0.2% for the third...
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Regions, Smaller Capitals Surge As Sydney And Melbourne Slow
CoreLogic data revealed that the home value index was up 0.7% in March 2022. During the first quarter of this calendar year, dwelling prices in Australia rose 2.4%, adding about $17,000 to the value of a home. Within these national numbers, there was a notable split between the...
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House Prices Still Rising | February 2022 Property Market Update
House Price Update CoreLogic data revealed housing values experienced a 0.6% gain in February 2022. This was the 17th consecutive increase but was the slowest growth experienced since October 2020. Brisbane and Adelaide experienced the strongest housing market conditions. Over...
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Biggest Boom In Property Prices Since 1989
CoreLogic data revealed that housing values rose 1.1% in January 2022. Property prices jumped by 22.4% over the last 12 months, which was the biggest annual increase since the year to June 1989. A typical Australian home now costs $131,326 more than a year ago. What Happened...
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Property Market Predictions 2022 | Home Loan Experts
CoreLogic data revealed that Australian housing values were 1% higher in December 2021 than a month earlier, slowing down from a 1.3% rise in November 2021. The growth momentum slowed down sharply in Sydney and Melbourne. Both cities recorded their softest reading since October...
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Regional Property Price Growth Doubles That Of Capital Cities
CoreLogic data shows housing values moved 1.3% higher in November 2021. This is the 14th consecutive month of positive growth. National housing values are 22.2% higher over the past 12 months. The rise adds approximately $126,700 to the median value of an Australian home. Figure:...
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Housing Values Edge 1.5% Higher, But Growth Is Easing
CoreLogic data shows housing values rose 1.5% in October 2021. However, Australia’s property market is slowly experiencing a loss from its peak monthly growth momentum of 2.8% in March 2021. Now, the growth rate is at 1.5%. Even though the monthly pace of growth is easing,...
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Property Prediction For 2021-24 | Where To Buy Post-Pandemic?
QBE Australian Property Market Forecast: 2021-24 How Will The Market Emerge From The Pandemic? With the country not yet recovered from the break in international migration and other pandemic-related economic effects, QBE’s Australian Housing Outlook 2021-2024 takes a look at...
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Housing Boom Slows As First Home Buyers Priced Out
CoreLogic data shows house values rose 1.5% in September 2021. They are 20.3% higher over the past 12 months. While housing values had been rising at their fastest pace since 1989, the monthly rate of growth is losing steam. The market’s growth rate peaked in March 2021, when...
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Property Market Still Booming, Affordability Challenges Loom Larger
Australia’s housing market is still on the rise, despite the lockdowns. However, the rate of growth is losing steam and August marked the lowest monthly rise in housing values since January. CoreLogic’s national home value index shows housing values grew 1.5% in August 2021....
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