CoreLogic: Fastest property price growth in 32 years

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CoreLogic has released its dwelling value results for September, with its national home value index rising another 1.5% in September, taking Australian housing values 17.6% higher over the first nine months of the year and 20.3% higher over
the past 12 months:

CoreLogic results summary

As shown above, every major market recorded value growth over the month, quarter and year.

Annual growth was also the fastest since June 1989.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.