In the week ended 24 March, the CoreLogic daily dwelling values index rebounded 0.08%:
Sydney and Melbourne recorded further value falls, whereas Brisbane, Adelaide and Perth recorded rises:
So far in March, dwelling values have risen 0.23% across the five major capitals, led by Brisbane, Adelaide and Perth, whereas Sydney and Melbourne values have fallen:
Over the year to date, dwelling values have risen by 1.4% across the five major capitals led by Brisbane and Adelaide:
Quarterly growth across the five major markets has moderated further to 1.5%, with massive variation across the capitals:
But annual growth remains strong (but fading) at 16.8%, with Brisbane and Adelaide leading:
Australia’s housing market is tw0-speed, with Brisbane and Adelaide booming and Melbourne and Sydney continuing to stall:
