In the week ended 20 May, the CoreLogic daily dwelling values index surged another 0.46%:
Sydney’s led the way again, with dwelling values rising another 0.57%. All other major capitals also rose in value:
So far in May, dwelling values have risen by 1.44%, led by Sydney (1.90%), with all other major capitals also recording strong growth:
Quarterly price growth remains turbo-charged at 7.10% across the five major capitals. Sydney (9.26%) continues to lead the way, followed by Brisbane (6.29%), Melbourne (5.89%), Adelaide (4.99%) and Perth (3.70%):
So far in 2021, Australian dwelling values have risen by 9.07%, led by Sydney which has already recorded double-digit price growth:
Over the past 12 months, Australian dwelling values have risen 7.9%, with solid to strong growth recorded everywhere but Melbourne:
The boom rolls on.