In the week ended 9 September, the CoreLogic daily dwelling values index increased another 0.28%:
All major markets recorded rising values. Note, Perth’s daily index has been suspended while CoreLogic investigates anomalies:
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Quarterly price growth remains turbo-charged but slowing at 4.94% across the five major capitals. Sydney (6.26%) continues to lead the way, followed by Brisbane (6.06%), Adelaide (5.40%) and Melbourne (3.76%):
So far in 2021, Australian dwelling values have risen by 16.0%, led by Sydney:
Over the past 12 months, Australian dwelling values have risen 17.8%, led by Sydney (21.7%), Brisbane (20.0%) and Adelaide (18.2%):
COVID lockdowns and restrictions continue to have minimal impact on property prices.