CoreLogic weekly house price update: rocket fuel

In the week ended 17 June, the CoreLogic daily dwelling values index surged another 0.42%:

CoreLogic weekly growth

Another week, another strong house price rise.

Sydney’s led the way again, with dwelling values rising another 0.59%. All other major capitals except Perth also rose strongly in value:

CoreLogic weekly movements

Strong growth everywhere but Perth.

So far in June, dwelling values across the five major cities have soared 1.04%, led by Sydney:

CoreLogic month-to-date

Sydney continues to lead.

Quarterly price growth remains turbo-charged at 6.61% across the five major capitals. Sydney (8.62%) continues to lead the way, followed by Brisbane (6.22%), Adelaide (5.52%), Melbourne (5.15%) and Perth (3.09%):

CoreLogic quarterly growth

Strong quarterly growth everywhere.

So far in 2021, Australian dwelling values have risen by 11.03%, led by Sydney:

CoreLogic year-to-date

2021 will be a bumper year.

Over the past 12 months, Australian dwelling values have risen 10.6%, with strong growth recorded everywhere but Melbourne:

CoreLogic annual growth

Annual growth rising.

The boom rolls on.

Unconventional Economist
Latest posts by Unconventional Economist (see all)

Comments are hidden for Membership Subscribers only.