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
Construction Update
It is exciting times at Griffin as several of our projects move into the construction phase over the coming...
Perth’s housing affordability – the best it’s been in years
Perth has one of the most affordable property markets of any capital city in Australia. A decline in housing...
Kings Park ranked by Vogue as one of the world’s top parks
Vogue magazine ranked Kings Park as one of the world’s greatest city parks, placing Perth among famous destinations...
WA land sales hit highest mark since 2009 boom
Land sales have hit their highest point since the mining construction boom in 2009 according to recent data collected...
WA props up the nation after $200 billion black hole unveiling
WA has once again helped in keeping the nation afloat with its mining investment being one of the only...
Property market still positive despite COVID-19
REIWA has called on the State and Federal governments to conjure up a relief package stimulus to ensure the...
PROPERTY PROFIT RISING TO NEW HEIGHTS
Housing prices have recently seen an exponential rise due caused by a flood of returning expats and east coast...
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...
WA HOT PROPERTY BOOM TO LAST YEARS
Experts are signalling WA property prices are tipped to continue rising for several years, with the sector sitting in...
National economy saved by WA mining
WA’s decision to keep Western Australia mining rolling during the COVID-19 pandemic has saved the national economy from collapsing...