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
The Launch
On Saturday August 11, Griffin Projects Group proudly launched the One54 Tuart Display Home. The stunning weather and aroma...
WA IS SAILING THROUGH THE ECONOMIC STORM
The State Governments hard border closure, the ongoing strength in the mining sector and the states low reliance on...
4 reasons Australia may have a sharp but short recession.
Below are four main reasons Peter Switzer, Founder of Swtizer Financial Group believes Australia’s future economy could give way...
FREE COVID-19 VACCINE FOR EVERY AUSTRALIAN
The Federal Government is prepared to give every Australian free access to the COVID-19 vaccine if it’s successfully developed...
Lunching for a cause
The Griffin team with ABN Group Director Dale Alcock as their special guest, attended the 10th anniversary of the...
Investors embracing Perth’s potential growth
More than 60% of investors believe that Perth has the highest growth potential of any market in Australia over...
Apartment living on the rise
Apartment living is gaining popularity with more people pursuing the lock and leave lifestyle. Danielle McCarthy, a 29...
EXPERTS PREDICT HOUSE PRICES WILL GROW IN 2021
Experts predict Perth will have the nation’s biggest property boom in 2021, only months after warnings of economic collapse...
Hamilton Hill Site Works Commencement
We here at Griffin are eager to report that site works are well and truly underway on our Hamilton...
WA leading the way out of pandemic restrictions.
WA may be one of the first states in Australia to lead the nation smoothly out of the COVID-19...