Adelaide Housing Market Update [video] | April 2020

Adelaide was one of the few capital city markets where the pace of capital gains in April was higher than six-month average.

Values ticked 0.4% higher over the month, continuing what’s been a relatively steady and sustainable pace of growth that has been evident since September last year.

The rise in values was broadly based, with each of Adelaide’s sub-regions recording a rise in home values over the month, led by Adelaide West where values were nine-tenths of a percent higher in April.

New listing numbers were down 38% compared with a year ago, reflecting a substantial drop in advertised supply levels, and rental markets softened, with rents slipping 0.1% in April.

A1

Adelaide

You may also want to read:

National Housing Market Update [Video] 

Perth Housing Market Update [Video]

housing markets australia
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Tim Lawless

About

Tim heads up the Core Logic RP Data research and analytics team, analysing real estate markets, demographics and economic trends across Australia. Visit www.corelogic.com.au


'Adelaide Housing Market Update [video] | April 2020' have 2 comments

    May 11, 2020 Melbourne Housing Market Update [video] | May 2020

    […] Adelaide Housing Market Update [Video] […]

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    October 18, 2019 Frontline

    Invest in real estate for your child’s future

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