In the week ended 7 October, the CoreLogic daily dwelling values index surged 0.42% – the same rate of growth as the prior week:
All major markets recorded rising values. Note, Perth’s daily index has been updated by CoreLogic after anomalies were discovered:
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Quarterly price growth remains turbo-charged but slowing at 4.57% across the five major capitals. Brisbane (6.11%) leads the way, followed by Adelaide (5.60%), Sydney (5.58%), Melbourne (3.31%) and Perth (1.38%):
So far in 2021, Australian dwelling values have risen by 17.7%, led by Sydney and Brisbane:
Over the past 12 months, Australian dwelling values have risen 19.8%, led by Sydney (24.2%), Brisbane (22.0%) and Adelaide (19.4%):
COVID lockdowns and restrictions continue to have limited impact on property prices.
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