In the week ended 5 May 2022, CoreLogic’s 5-city dwelling values index rose by 0.18% – the strongest rate of growth since mid-January:
All major markets experienced value increases:
Quarterly price growth remains negative in Sydney and Melbourne, but strongly positive across the other major capitals:
Finally, dwelling values across the five major capitals have risen by 1.9% since the beginning of this year, with Sydney and Melbourne basically flat, turbo-charged growth across Brisbane and Adelaide, and solid growth across Perth:
Australia’s housing market is as two-speed as ever.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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So l just read your piece about buyers fleeing the “dire” Australian housing market and l am now looking at this. Hardly similar conclusions. So which one is misleading? You need to reconcile these sorts of conflicting pieces, otherwise it is a waste of time reading them.
These confusing signs are all over the place.
Truth is the rarest commodity these days.
I think the housing market still reporting things from the past, like this article. In the same time projections seems pointing to prices declining like previous article
Looking over the cliff as the army approaches.
Rear vision mirror this stuff….take with grain of salt.
Perhaps people in Brisbane and Adelaide are just a little (cough) slower than the rest of the country catching on?
Like…..running into the fire…..LOL