In the week ended 18 November, the CoreLogic daily dwelling values index increased another 0.25%:
All major markets except Perth recorded rising values, led by Brisbane and Adelaide:
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So far in November, dwelling values have risen by 0.72%, led by Brisbane (1.53%) and Adelaide (1.28%):
Quarterly price growth remains turbo-charged but slowing at 4.11% across the five major capitals. Brisbane (7.09%) leads the way, followed by Adelaide (6.17%), Sydney (4.74%), Melbourne (2.75%) and Perth (0.40%):
So far in 2021, Australian dwelling values have risen by 19.7%, led by Sydney (24.7%) and Brisbane (23.3%):
Over the past 12 months, Australian dwelling values have risen 21.1%, led by Sydney (25.9%), Brisbane (25.3%) and Adelaide (21.0%):
The Australian property market is still going strong, but becoming increasingly multi-speed. Perth is lagging badly, whereas Sydney and Melbourne are losing steam. By contrast, Brisbane and Adelaide are firming.