CoreLogic’s Cameron Kusher has penned another interesting blog post examining the various housing growth cycles over the past 20-years:
Over the past two decades, dwelling values have increased by 231% nationally with increases of 252% across the combined capital cities and 167% across the combined regional markets. The greatest increase in values has been recorded in Melbourne (335%) while the most moderate increase has been recorded in Regional WA where values are just 85% higher…
The five years to January 2003 contains much of the housing boom that occurred from the turn of the century. Over the period, combined capital city dwelling values increased by 64.0% and combined rest of state values increased by 54.0%…
The full text of this article is available to MacroBusiness subscribers
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
