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
WESTPAC PREDICT 15% SURGE IN HOUSE PRICES
House prices are set to bottom out by June 2021 before bouncing up by 15% according to Westpac’s economic...
Project Vision becomes a reality | 204 Walcott
It is an extremely rewarding experience to see the vision for a project become a reality. Our premium 204...
$2.4 billion set for infrastructure projects
The State Government is fast tracking tenders for $2.4 billion to kickstart multiple transport infrastructure projects guaranteeing small and...
HOMEBUILDER GRANTS EXTENDED TO MARCH NEXT YEAR
Great news for those who thought they may have missed out as the HomeBuilder grant as it has now...
Construction Update
It is exciting times at Griffin as several of our projects move into the construction phase over the coming...
Phase 3 for WA sooner bought forward a week
WA Premier Mark McGowan has indicated phase 3 of the four-phase plan for lifting the current COVID-19 restrictions may...
Construction kicks off for new Northbridge apartments
Our second development to kick off construction this month is our 22 apartment development, Reside on Money, in the...
WA set for $4.5 million over the next three years in GST top-up deal
Federal Treasurer Josh Frydenberg and WA Treasurer Ben Wyatt finalised a deal this week which will see Western Australia...
RESIDE ON MONEY KICKS OFF
This week our beautiful Reside on Money project officially kicked off into construction phase with commencement of boring works...
WA CLIMBS BEST PERFORMER ON COMMSEC LEADERBOARD
WA currently leads the nation in three of eight indicators used by CommSec to measure economic strength over the...
