In the week ended 5 August, the CoreLogic daily dwelling values index increased another 0.43%:
All major markets recorded rising values:
Quarterly price growth remains turbo-charged at 5.99% across the five major capitals. Sydney (7.75%) continues to lead the way, followed by Brisbane (6.38%), Adelaide (5.24%), Melbourne (4.64%) and Perth (1.60%):
So far in 2021, Australian dwelling values have risen by 14.2%, led by Sydney:
Over the past 12 months, Australian dwelling values have risen 15.4%, led by Sydney (18.9%), Brisbane (17.8%) and Adelaide (15.9%):
So far COVID lockdowns and restrictions have had minimal impact on the market.