Adelaide Housing Market Update [video] | November 2020

Adelaide’s housing market has moved from strength to strength over recent month, with home values reaching a new record high in October.

Dwelling values were 1.2% higher in October and that was the largest monthly gain since early 2008, just before GFC induced correction.

Relatively low housing prices, an effective flattening of the virus curve and the stimulus of low interest rates are likely to be the main factors behind the growth in housing values.

From a geographical perspective, every sub-region of Adelaide has recorded a rise in values over the past three months.

The strongest growth conditions were in Onkaparinga, where housing values are estimated to be 5.4% higher over the rolling quarter.

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You may also want to read:

National Housing Market Update [Video] 

Perth Housing Market Update [Video]

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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] | November 2020' have 2 comments

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    October 18, 2019 Frontline

    Invest in real estate for your child’s future

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