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
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...
Adelaide’s property market needs to be acknowledged
Terry Ryder the founder of hotspotting.com.au. believes Adelaide’s property market is one of the best locations to consider when...
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...
WHY ITS TIME FOR OUR CITY TO GROW IN NOT OUT
It is no secret that Perth has taken its time to adopt apartment living as a viable alternative to...
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...
WA rise despite pandemic fears
Despite COVID-19 induced worries the WA property market is in a better position than many expected as sale transactions...
COMMONWEALTH BANK FORECASTS HOUSE PRICE BOOM
The housing market is said to be “on the cusp of a boom” with record low mortgage rates now...
Investors swoop on Perth property market
Investors are flocking in to Perth to take advantage of the weakened property market as low interest rates and...
First gas offloaded from worlds biggest floating LNG facility
An exciting week in the world of LNG for WA as the first gas was offloaded from Shell’s Prelude...
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...
