Adelaide Housing Market Update [video] | July 2018

Adelaide dwelling values increased by 1.1% over the financial year, marking the 5th consecutive year in which values have increased.

Core Logic has released their newest housing market update for July 2018.

 

Although values trended higher over the year, it was the slowest rate of change for the city since values fell 0.4% in 2012-13.

Despite the relatively soft rate of growth, settled sales are 1.0% higher across Adelaide over the past twelve months and advertised stock levels are 5.5% lower than a year ago, suggesting vendors are starting to get some leverage back over buyers.

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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


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