CoreLogic weekly house price update: Adelaide booming

In the week ended 27 January, the CoreLogic daily dwelling values index rose 0.18%:

All major markets recorded rises, with Adelaide and Brisbane still running hot:

So far in January, dwelling values have risen by 0.79% across the five major capitals led by Brisbane and Adelaide:

Quarterly growth across the five major markets has moderated further to 2.64%, with massive variation across the capitals:

Annual growth remains strong at 21.3%, with Brisbane, Sydney and Adelaide recording above average growth and Melbourne and Perth lagging:

Australia’s housing market is clearly tw0-speed, with Brisbane and Adelaide booming and the other major capitals slowing:

Unconventional Economist

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