In the week ended 27 May, the CoreLogic daily dwelling values index surged another 0.52%:
Sydney’s led the way again, with dwelling values rising another 0.66%. All other major capitals also rose strongly in value:
So far in May, dwelling values have risen by 1.97%, led by Sydney (2.57%), with all other major capitals also recording strong growth:
Quarterly price growth remains turbo-charged at 6.87% across the five major capitals. Sydney (9.01%) continues to lead the way, followed by Brisbane (6.31%), Melbourne (5.39%), Adelaide (5.19%) and Perth (3.71%):
So far in 2021, Australian dwelling values have risen by 9.64%, led by Sydney:
Over the past 12 months, Australian dwelling values have risen 8.6%, with strong growth recorded everywhere but Melbourne:
The boom rolls on.