CoreLogic: Aussie property market to slow

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CoreLogic has released its official dwelling value results for April (unofficially released on MB on Friday), which recorded 1.8% growth nationally, with every market – capital cities and regional – recording strong growth:

CoreLogic April dwelling value results

All markets recorded strong value growth in April.

However, CoreLogic’s research director, Tim Lawless, contends that the pace of gains will slow in the months ahead as inventory levels rise and affordability constraints dampen housing demand:

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About the author
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.