November’s dwelling price results from CoreLogic revealed booming rises in dwelling values, driven by Sydney and Melbourne:
However, while dwelling values are inflating at an annual pace of nearly 20% across the major capitals, rents continue to languish, with Sydney’s continuing to fall:
Rental markets are continuing to show a sluggish performance, with rents unchanged over the month across the combined capitals and rising 0.2% over the month across the combined regional areas of Australia.