Sydney Housing Market Update [video] | June 2020

Sydney home values recorded their first month on month decline in a year, with values down 0.4% in May.

CoreLogic has released their newest housing market update for June 2020.

Weakness was mostly evident across the top quartile of the market where values were down by 0.6% over the month compared with a 0.1% rise in the lower quartile values.

Softer conditions across the most expensive end of the market come after a solid over performance.

The past twelve months has seen the top quartile of home values surge 16.5% higher while growth across the lower quartile was substantially lower at 9.6%.

Despite the fall in values, there were some more positive signs that housing markets were responding to an easing in restrictions.

Buyer activity was up by 29% over the month, partially recovering a 41% drop in activity through April, and auction clearance rates had improved from the low 30% range in mid-April to the mid 60% range by late May.


You may also want to read:

National Housing Market Update [Video] 

Perth Housing Market Update [Video]

Adelaide Housing Market Update [Video]


Subscribe & don’t miss a single episode of Michael Yardney’s podcast

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

Need help listening to Michael Yardney’s podcast from your phone or tablet?

We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.


Prefer to subscribe via email?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.

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

'Sydney Housing Market Update [video] | June 2020' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.