In the week ended 25 November, the CoreLogic daily dwelling values index increased another 0.25%:
All major markets except Perth recorded rising values, again led by Brisbane and Adelaide:
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So far in November, dwelling values have risen by 0.97%, led by Brisbane (2.31%) and Adelaide (1.99%):
Quarterly price growth remains turbo-charged but slowing at 4.09% across the five major capitals. Brisbane (7.38%) leads the way, followed by Adelaide (6.46%), Sydney (4.56%), Melbourne (2.64%) and Perth (0.58%):
So far in 2021, Australian dwelling values have risen by 20.0%, led by Sydney (24.9%) and Brisbane (24.2%):
Over the past 12 months, Australian dwelling values have risen 21.1%, led by Brisbane (25.9%), Sydney (25.8%) and Adelaide (21.2%):
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 booming.