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
Short-term economic pain to lead to longer term gain
The Urban Development Institute of Australia was pleased to recently host global economist Jonathan Pain who shared his thoughts...
5 REASONS WHY APARTMENT LIVING IS GAINING POPULARITY
With urban sprawl stretching 150km up and down the coast, Perth has the unofficial title of being the longest...
Hamilton Hill Slab is Down
We here at Griffin are very excited to see the first concrete slab being layed down on our Hamilton...
PERTH | the perfect playground for Singaporeans
Perth’s tourism sector has increased by 3% from the previous year in which tourists collectively spent approximately $2.2 billion....
Get to know our Client Advisor
Get to know our Client Advisor Introducing Christian Woodall! Efficient, ever-helpful and always upbeat, Christian brings a unique...
Perth rental and sales activity on the rise
Stupendous news for Perth as data derived from reiwa.com revealed leasing transactions rose by 16% as well as sales transactions...
WA BUDGET 2020: TREASURER BOASTS STRONGEST ECONOMY IN THE NATION
Treasurer Ben Wyatt recently announced WA represents a stronger economy than anywhere in the nation and perhaps the world...
Scarborough Beach to get Australia’s first ever trackless tram
Sensational news for Perth as Australia’s first ever trackless trams are set to hit Scarborough Beach. This proposed $97...
Singapore leading business with US and Hong Kong decline
Rankings released recently revealed that Singapore is still seen as the best place in the world to prosper undeterred...
NOW IS THE TIME TO BUY | PERTH
There is no better time than now to get into the Perth property market. The conditions are perfect to...