Adelaide recorded a 0.4% rise in housing values in October, the strongest month on month rise in almost two years.
CoreLogic has released their latest housing market update for November 2019.
It’s the value of Adelaide houses that has seen a lift in values, where values are up 0.1% over the past three months, while unit values recorded a subtle decline over the month to be steady over the last quarter.
Despite the relatively steady conditions across Adelaide, housing values were only 1.2% below their historic high in October, highlighting the fact that Adelaide’s housing downturn has been mild relative to most of the other capitals.
You may also want to read:
National Housing Market Update [Video]
Perth Housing Market Update [Video]
Subscribe & don’t miss a single episode of Michael Yardney’s podcast
Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.
Need help listening to Michael Yardney’s podcast from your phone or tablet?
We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.
Prefer to subscribe via email?
Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.
'Adelaide Housing Market Update [video] | November 2019' have 1 comment
October 18, 2019 Frontline
Invest in real estate for your child’s future