Adelaide’s housing market has remained a relatively steady performer, with housing values slipping 0.4% over the June quarter which was the smallest quarterly decline among the capital cities.
CoreLogic has released their newest housing market update for July 2019.
The performance across the unit sector has been slightly stronger relative to houses, with unit values tracking nine-tenths of a percent higher over the past twelve months while house values are down half a percent.
Looking at the market across broad valuation cohorts, it’s the most affordable quarter of the market where conditions are strongest, with values up 1.2% over the past twelve months while the upper quartile is down 1.6%.
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