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 outlook improving
Commsec’s chief economist, Craig James recently voiced his belief that a rise in retail spending, population growth and an...
WA $1.2 BILLION BUDGET SURPLUS
WA is on track to deliver a $1.2 billion surplus this financial year following the windfall of iron ore...
Happy Chinese New Year
In Chinese culture, rats are seen as a sign of wealth, they are considered successful animals that are clever and...
Demolition completed for The Residence development
In an important step for The Residence development, demolition on the Scarborough site has officially been completed. In keeping with...
The Launch
On Saturday August 11, Griffin Projects Group proudly launched the One54 Tuart Display Home. The stunning weather and aroma...
November News Highlights
Job growth in WA Western Australian businesses are in job-creating mode – rippling direct benefits onto all sectors of...
Local committee brings vibrancy to Scarborough Beach foreshore
It is an exciting time for Perth’s most iconic and favoured beach destination. Scarborough Beach Foreshore is currently undergoing...
Australia Paving the way to economic recovery
Australia is paving the way for the world out of the COVID-19 induced recession, however the Organisation for Economic...
DevelopmentWA to drive WA’s future
The new State Government’s powerful entity “DevelopmentWA” is set to deliver over $3.8 billion in new projects next year...
$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....