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Adelaide Housing Market Update [video] | May 2018

The Adelaide housing market saw values edge 0.1% higher in April, however the market is down 0.4% over the first four months of the year.

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

 

Despite the relatively steady conditions, settled sales have tracked 3.2% higher year on year across Adelaide and ctivity is now outpacing the decade average.

As buyer numbers rise, advertised inventory levels have reduced across the city, falling by 5.8% relative to the same time last year.

The lower stock levels suggest vendors may see some improvement in selling conditions, although the average time on market for private treaty sales remains elevated at 56 days.

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NATIONAL HOUSING MARKET UPDATE [VIDEO] | MAY 2018

PERTH HOUSING MARKET UPDATE [VIDEO] | MAY 2018

 

Metropole Property Home Buyers Enquiry


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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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