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
Survey reveals WA’s resilience
“West Australian property industry participants are the most buoyant in the country about the impact of the Federal Government’s...
Stage two of development!
We are thrilled to announce One54 Tuart Hill has moved into the second stage of development, after the concrete...
PERTH HOUSING CRISIS
WA is facing a shortage of about 20,000 homes within four years, with fears this will keep local house...
Renewed interest in Australia’s real estate market by Hong Kong investors
The ongoing civil unrest with the extradition bill in Hong Kong is causing a renewed interest in Australia’s property...
Perth’s resilient property market
The residential property market is showing more resilience to the pandemic induced instabilities than initially predicted primarily due to...
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...
Property prices boom in Melbourne and Sydney
Developers have been pushed to start bidding for housing project sites again as property prices have increased by a...
Reside on Money Low Carbon Footprint
We were excited to see our upcoming ‘Reside on Money’ development located in the heart of Northbridge featured in...
Perth is hot property
Fresh research from Peard Real Estate shows that Perth is ripe for investment as evidenced by the 100% increase...
Perth’s rental rise and why this benefits Investors.
Perth’s rental market is showing positive improvement with the latest data from the Real Estate Institute of Western Australia...
