Tim Lawless explains how capital city dwelling values rebound in January, largely driven by gains across the Brisbane, Sydney, and Perth markets
Home values across Australia’s capital cities were up 1.2% in January, taking the annual movement in dwelling values back into the black with a 1.8% increase over the past twelve months.
Dwelling values across Australia’s combined capital cities recorded a 1.2 per cent improvement over the month of January, negating the -1.2 per cent drop in values recorded over the final quarter of 2012. Since bottoming out in May 2012, dwelling values across the combined capital cities have recovered 3.1 per cent.
I’ll be discussing what this means for you as a property invetsor as well as what I’m personally doing about it at my upcoming National Property & Economic Market Updates. For full details click on the link just below. Even if you think you’ve heard it all..I’ll be presenting the latest research and info plus new speakers.