Perth Housing Market Update [video] | November 2019

Perth home values were down 0.4% in October, continuing a market correction that has been running since mid-2014.

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

Although values are still falling, the trend rate of decline was the smallest in fourteen months and many of the underlying economic and demographic fundamentals are improving.

Perth house values are the lowest of any capital city with a median of $451,800, providing an affordable entry point for prospective home buyers.

Rental markets have been tightening as housing demand increases, lifting Perth rents 2.4% higher over the past year.

Perth

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You may also want to read:

National Housing Market Update [Video] 

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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] | November 2019' have 1 comment

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    October 18, 2019 Frontline

    Invest in real estate for your child’s future

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