Perth Housing Market Update [video]

The Perth housing market continued to face weak conditions through September with dwelling values falling a further 0.8% over the month.

CoreLogic has released their newest housing market update for October 2019.

Weakness in the local economy is continuing to override the stimulus of low-interest rates and improved access to credit, however, unemployment is now trending lower, jobs growth higher and migration rates are improving from a low base.

With housing prices extremely affordable, the Perth housing market is well-positioned to improve if economic and demographic conditions gather some momentum.

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You may also want to read:

NATIONAL HOUSING MARKET UPDATE [VIDEO] | OCTOBER 2019

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Tim Lawless

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


'Perth Housing Market Update [video]' have 1 comment

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    October 18, 2019 Frontline

    Invest in real estate for your child’s future

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