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CoreLogic - Australian Housing Values - 1, February 21

A brief summary of the recent CoreLogic Hedonic Home Value Index for February 2021
  • Housing values continue to rise as of early 2021
  • Regional housing rising at twice the pace of capital city markets
  • Houses are increasing faster than units
  • National home sales 23.9% higher over the last 3 months compared to the same time last year
  • Housing activity on the rise, but listings numbers still well below average, putting upward pressure on the property values
  •  It's a seller's market right now
  • Mortgage-related valuations 27% higher than this time last year
  • A weaker rental market through the early part of 2020 (Covid-19) is starting to level out
  • The property market started with a bang in 2021 and is expecting prices to continue to rise throughout the year
  • Low-interest rates which are supporting the housing recovery are expected to remain low for the foreseeable future

Click here for the full report

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Sunday, 18 April 2021

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