The bubble is back baby! CoreLogic’s November data shows that by early 2021, COVID losses will be filled in and its onward and upward to more housing wealth for all*.
Here’s the report:
Australia’s housing market continued along a recovery trend through November. CoreLogic’s national index recorded a second consecutive monthly rise in November, with dwelling values up 0.8% over the month. The new recovery trend follows a 2.1% drop in Australian home values between April and September.