Month: July 2017

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How the Housing Market Performed Over the Financial Year

Over the past 20 financial years there have only been two years in which combined capital city dwelling values have fallen.

Over the last financial year, combined capital city dwelling values increased by 9.6% which was actually greater than the 8.3% rise over the 2015-16 financial year.  Combined capital city dwelling values have now increased over five successive financial years however, prior to these increases there were successive financial years in which values fell (-1.4% in 2010-11 and -3.6% in 2011-12).  Across the individual capital cities the growth story over recent financial years has been vastly different.

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Perth housing – Market Update

Please find below this month’s CoreLogic housing market update, presented by CoreLogic research director Tim Lawless.

“CoreLogic reported that dwelling values across the combined capital cities rose by 0.8% over the June quarter, which was the lowest quarter-on-quarter growth rate since December 2015.  To put the weaker performance into context, dwelling values were 3.5% over the March quarter, highlighting a softening in the trend rate of growth over the three months ending March.”