Adelaide Housing Market Update [Video] | December 2017

The Adelaide housing market held some momentum in November.

Adelaide’s housing market has seen values continue to increase, however the rate of growth does appear to be slowing.

Dwelling values were unchanged in November and only 1 percent higher over the past three months. 35097909_l

Over the last 12 months dwelling values of increase by 3.4 percent, which is the slowest annual rate of growth for a year.

Over the past year house values have increased by 3.7 percent while unit values are just 0.9 percent higher.

While value growth appears to be slowing, Adelaide remains significantly more affordable than other mainland capital cities and sales volumes have increased by 0.9 percent from a year ago, suggesting there has been a moderate lift in buyer demand.

Adelaide Key Statistics

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About

Cameron Kusher is Corelogic RP Data’s senior research analyst. Cameron has a thorough understanding of the fundamentals such as demographics, trends & economics. Visit www.corelogic.com.au


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