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
WA | Only state/territory to see unemployment rate fall
More good news for WA! In the latest release of monthly jobs figures, WA ranked as the only state...
Australia standout performer from IMF’s bleak pandemic picture
The recession caused by the COVID-19 pandemic has caused a worldwide recession far deeper than expected but Australia is...
Construction industry showing signs of recovery
Employment in construction has risen 1.5% in WA since the COVID-19 trough in April with data from the Australian...
The Launch
On Saturday August 11, Griffin Projects Group proudly launched the One54 Tuart Display Home. The stunning weather and aroma...
Reside on Money | The slab is down
Its officially time to start toasting and celebrating for those enquiring on our Reside on Money development as the...
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...
IS NOW THE RIGHT TIME TO BUY A NEW PROPERTY?
Have you been considering the purchase of a property, either as an owner-occupier or as an investor, but unsure...
Construction Update
It is exciting times at Griffin as several of our projects move into the construction phase over the coming...
Australia ranked #1 for purchasing power
Australia officially has the highest minimum wage according to the latest OECD real minimum wage rankings, the first time...
WA’S RESOURCES SECTOR RISING FOR THE FIRST TIME SINCE THE MINIG BOOM OF NEARLY A DECADE AGO.
WA’s resources sector is basking in a genuine resurgence with investment rising along with the new resources ‘mini-boom’ revealing...