Adelaide Housing Market Update [video] | July 2021

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Adelaide housing values finished the financial year 13.9% higher, with house values substantially outpacing the unit sector with a growth rate of 15.2% and 4.6% respectively over the year.

 

Adelaide has earned a reputation as a consistent performer with dwelling values rising over 21 of the past 24 months.

Buyer demand has remained high with annual sales activity tracking about 31% above the five-year average in June.

While buyer demand is well above average, advertised supply remains extremely low.

Approximately 5,200 homes were available for sale in June, almost 30% below the five-year average and acquainting to only 1.8 months of supply based on the run rate of sales.

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You may also want to read:

National Housing Market Update [Video] 

Perth Housing Market Update [Video]

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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] | July 2021' have 2 comments

    Avatar for Tim Lawless

    October 18, 2019 Frontline

    Invest in real estate for your child’s future

    Reply


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