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Adelaide Housing Market Update [Video] – October 2017

Adelaide dwelling values held firm over the month but have shown a 5.0% rise over the year.

Across the regional areas of Australia, growth rates have generally been lower compared to capital cities performance.

The quarterly and annual trends continue to show a consistent and sustainable pace of capital gains across the detached housing sector, but a weaker performance across the unit market where values slipped lower over the quarter and they’re only up by 1.3% over the past 12 months.

Annual Change In Dwelling2

The average time it takes to sell a property and vendor discounting rates of both reduced over the past year suggesting that sellers are in an improved position relative to a year ago

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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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