Value growth has remained in mild positive teritory across Adelaide.
Core Logic has released their newest housing market update for June 2018.
Although the CoreLogic index jumped half a percent in May, the first five months of the year have seen the market remain virtually flat, with dwelling values up only 0.1%.
Advertised stock levels have reduced by almost 6% relative to the same time a year ago, which is supporting stronger selling conditions and a subtle improvement in the average selling time, reducing from 43 days a year ago to 41 days in 2018.
Another indicator pointing towards better selling conditions is the rate of vendor discounting which has also posted a subtle improvement, reducing from 5.9% a year ago to 5.8%.
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