Despite all the challenges thrown at them, our housing market has kept rising for 15 months in a row now. Not only have house prices risen strongly, but so have rents. And there seems to be no relief in sight for tenants. The chronic housing shortage is being exacerbated by low building approval levels and immigration…
![Brisbane housing market update [video] | April 2024](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/brisbane-270x200.jpg)
Last month’s 0.6% lift in national home values marked the 14th consecutive month-on-month rise, taking the index 1.6% or about $12,000 higher in the March quarter. Since declining 7.5% in the downturn between April 2022 and January 2023, the national home value index has increased by 10.2%, adding approximately $72,000 to the median value of…
![Sydney housing market update [video] | April 2024](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/11/sydney4-270x200.jpg)
Last month’s 0.6% lift in national home values marked the 14th consecutive month-on-month rise, taking the index 1.6% or about $12,000 higher in the March quarter. Since declining 7.5% in the downturn between April 2022 and January 2023, the national home value index has increased by 10.2%, adding approximately $72,000 to the median value of…
Weekend auction markets have reported more solid to strong results generally despite the distractions of school holidays now underway in all capitals. Auction results around Australia, Saturday April 13th 2024: Capital City This Saturday Last Saturday Auctions Rate Auctions Rate Sydney 750 71.8% 908 72.1% Melbourne 788 65.7% 707 65.9% Brisbane 67 61.3% 86 57.8%…
![Adelaide housing market update [video] | April 2024](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/04/adelaide-270x200.jpg)
Last month’s 0.6% lift in national home values marked the 14th consecutive month-on-month rise, taking the index 1.6% or about $12,000 higher in the March quarter. Since declining 7.5% in the downturn between April 2022 and January 2023, the national home value index has increased by 10.2%, adding approximately $72,000 to the median value of…
![Melbourne housing market update [video] | April 2024](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/melbourne-1-270x200.jpg)
Last month’s 0.6% lift in national home values marked the 14th consecutive month-on-month rise, taking the index 1.6% or about $12,000 higher in the March quarter. Since declining 7.5% in the downturn between April 2022 and January 2023, the national home value index has increased by 10.2%, adding approximately $72,000 to the median value of…
Australia’s rental market experienced a reacceleration of rental growth over the first quarter of 2024, leading to record-high asking rents, Domain’s latest Rent Report March Quarter 2024 reveals. According to Domain, while Australia’s perilous rental market appears entrenched in a never-ending run of rent rises, a tipping point is still likely to be reached in…
![CoreLogic National housing market update [video] | April 2024](https://cdn.propertyupdate.com.au/wp-content/uploads/2017/10/House-business-section-analysis-270x200.jpg)
Last month’s 0.6% lift in national home values marked the 14th consecutive month-on-month rise, taking the index 1.6% or about $12,000 higher in the March quarter. Since declining 7.5% in the downturn between April 2022 and January 2023, the national home value index has increased by 10.2%, adding approximately $72,000 to the median value of…
Want to know what’s happening to the housing markets around Australia? Well… this monthly collection of charts from CoreLogic paints an interesting picture. National home values rose 1.6% in the March quarter, the largest quarterly increase since the three months to November (1.9%). The shortage of dwelling both for sale and for rent, at a…
Australia’s housing upswing continued through March with the national Home Value Index rising 0.6%, taking the current upswing in housing values through its 14th straight month of growth. Beneath this headline result, our housing markets have been fragmented with diverse performance around the country. While every capital city except Darwin (-0.2%) recorded a rise in…
