A strong finish for housing values in 2019
January 2, 2020
Recent data from CoreLogic’s national home value index shows housing values continue to rise in Perth with a 1.1% increase in December and an impressive 4% over the last quarter finishing 2019 on a positive note.
“the housing value rebound was spurred on by lower mortgage rates, a relaxation in borrower serviceability assessments, improved housing affordability and renewed certainty around property taxation policies post the federal election. Lower advertised stock levels persisted providing additional upwards pressure on prices amidst rising buyer activity.” said Tim Lawless, Head Researcher for CoreLogic.
Click here to read the full report from CoreLogic.
Read Our Other Articles
Stage two of development!
We are thrilled to announce One54 Tuart Hill has moved into the second stage of development, after the concrete...
Perth’s housing market jumps into 2020 with positive growth
Perth’s housing market has kicked off positively with home values set to rise by 6% this year according to predictions...
Increased property market confidence following Federal election
Property investor activity has increased following the election of Liberal leader, Scott Morrison as Prime Minister. The culmination of...
WA rise despite pandemic fears
Despite COVID-19 induced worries the WA property market is in a better position than many expected as sale transactions...
COVID-19 and the property market
With unpredictability around the ongoing pandemic COVID-19 and the potential onset of a recession there is some uncertainty around...
China to bring economic growth for Australia
Industry experts believe China is Australia’s best bet in leading the nation towards the path of economic stability and...
PERTH HOUSING CRISIS
WA is facing a shortage of about 20,000 homes within four years, with fears this will keep local house...
Export dividends to rejuvenate WA’s economy
Great news for WA as US based energy giant Chevron finally sealed its position as a long-term powerhouse in...
New in the neighbourhood
I spy with my little eye, something beginning with … COFFEE. That’s right, your daily ritual is now in...
WA leads way in lifting COVID-19 restrictions
NSW Premier Gladys Berejiklian recently announced a wide-scale easing of COVID-19 restrictions for the state to get the economy...
