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
OUT WITH THE OLD IN WITH THE NEW – DRAMATIC LEEDERVILLE HOTEL COMPLEX MAKEOVER
Leederville is set to say hello to a new “pub of the future” as the well-known Leederville Hotel complex...
Adelaide property market still climbing despite COVID-19
Adelaide is one of three cities across the country where property values are continuing to climb despite the nationwide...
FREE COVID-19 VACCINE FOR EVERY AUSTRALIAN
The Federal Government is prepared to give every Australian free access to the COVID-19 vaccine if it’s successfully developed...
Interest rates and political elections driving Adelaide’s property market
According to a recent Herron Todd White residential report the South Australian property market is being driven by two...
Singapore leading business with US and Hong Kong decline
Rankings released recently revealed that Singapore is still seen as the best place in the world to prosper undeterred...
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...
Project Vision becomes a reality | 204 Walcott
It is an extremely rewarding experience to see the vision for a project become a reality. Our premium 204...
The evolving “Great Aussie Dream”
The “Great Aussie Dream” is alive and well but it is no longer just about securing the big 4...
Perth property is bouncing back
In a much needed change, Perth’s property prices have finally seen a slight upturn for the first time in...
Breathing new life into Perth
The Metropolitan Redevelopment Authority, often referred to as the MRA, is the delivery arm of the State Government’s planning...