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
PROPERTY & ECONOMIC UPDATE
Read the latest thoughts from Griffin’s Founder and CEO, Greg Devine
$510M Biome Project to supercharge WA’s tourism
The Biome Project is 3 large, dome structures built to showcase the unique climates and environments of Western Australia....
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...
November News Highlights
Job growth in WA Western Australian businesses are in job-creating mode – rippling direct benefits onto all sectors of...
WA NEW HOMES AND APARTMENTS ARE ON THE RISE.
WA is the only state in Australia that is expected to see a rise in the number of new...
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...
PROPERTY PRICES SET TO RISE IN 2021
The Australian residential real estate market should begin to rise in the second half of next year following a...
| 204 Walcott |
How stunning is this image captured of our completed 204 Walcott Development! We are so proud of this development...
Perth the City of Blue Skies
Great video by the City of Perth showcasing the great lifestyle, pristine natural beauty and power house economy that...
Retail is on the rise for WA
WA’s retail industry has officially had its strongest quarter of growth in over 6 years thanks to families fleeing...