Melbourne housing values have been consistently trending higher since June last year, recording a cumulative recovery of 11.2% since the market trough. The upper quartile of the market has been leading the growth trend, with the most expensive quarter of housing recording an 11.5% capital gain over the past year while lower quartile values are…
Articles by Tim Lawless
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
Adelaide housing values were up 0.2% in January, continuing a trend of modest growth that`s been evident since October last year. The latest month of growth has seen Adelaide home values reach a new record high, after recovering the 1.6% decline recorded between late 2018 and mid 2019. Local unit values have been showing a…
For Perth home owners, the latest results deliver some positive news. Housing values are slowly emerging from a slump that lasted five-and-a-half years. Dwelling values edged 0.1% higher over the month and Peth dwelling values posted their first rise over a rolling quarter since May 2018. Improving conditions are most evident across the most expensive…
The rebound in Australian housing values continued into 2020 with CoreLogic`s national home value index up nine-tenths of a percent over the first month of the year. The latest figures take the annual growth rate to 4.1%, that`s the fastest rate of growth over a twelve-month period since December 2017. Housing values were higher in…
Australia’s housing value rebound continued into 2020 with the CoreLogic national home value index up by 0.9% over the first month of the year. This now takes the annual growth rate to 4.1%; the fastest pace of growth for a twelve month period since December 2017. Housing values rose in January across every capital city…
In 2020, it’s unlikely we’ll see such a rapid rise in capital gains as seen throughout the second half of 2019 despite the expectation that mortgage rates will move lower over the first half of the year; several factors are likely to act as counterweights to this stimulus. Housing values are expected to rise through…
Rental markets held reasonably firm in December with the national rental index up 0.1% over the month and 0.2% higher over the December quarter. On an annual basis, rents were only 1.2% higher nationally. Although rental growth remained sluggish over the year, conditions have picked up from 2018 when the annual growth in national rents…
Dwelling values rose by 1.1% over the month of December and by 4.0% over the quarter to finish out 2019 on a positive note according to the CoreLogic national home value index This result represents the fastest rate of national dwelling value growth over any three month period since November 2009. The premium markets experienced…
Dwelling values rose by 1.1% over the month of December and by 4.0% over the quarter to finish out 2019 on a positive note according to the CoreLogic national home value index. This result represents the fastest rate of national dwelling value growth over any three month period since November 2009. Darwin was the only…
2019 will go down as the year when new records were set. For 2020, we’re likely to see markets in recovery mode as housing prices catch up and then overtake their previous record highs, however we expect the rapid rate of capital gains seen over the second half of 2019 to lose steam as stock…
