In the week ended 15 July, the CoreLogic daily dwelling values index increased another 0.35% – the smallest weekly increase since early April:
All major markets except Perth record rising values:
There are 1093 words left in this subscriber-only article.
Start your free 14-day trial today!
So far in July, dwelling values have risen by 0.85%, led by Sydney and Brisbane:
Quarterly price growth remains turbo-charged at 6.19% across the five major capitals. Sydney (8.24%) continues to lead the way, followed by Brisbane (6.16%), Adelaide (5.54%), Melbourne (4.59%) and Perth (1.92%):
So far in 2021, Australian dwelling values have risen by 13.0%, led by Sydney:
Over the past 12 months, Australian dwelling values have risen 13.5%, led by Sydney (16.7%), Brisbane (16.0%) and Adelaide (14.6%):
It will be interesting to see whether the growing COVID outbreaks slows the market.