What’s happening in the property market?

market 1The latest Housing & Economic Chart Pack from CoreLogic gives detailed national market update with a focus on capital city housing market conditions and performance.

The key findings this month are:

  • Home values increased by 0.9% in January however they were lower over the past 3 months
  • House sales have levelled while unit transactions are trending lower
  • Rental rates continue to increase at their slowest annual pace on record
  • Selling time of homes is seeing a seasonal spike while discounting is also increasing slightly
  • Listing values are starting to rise from their seasonal slumber and are higher than a year ago

Read more: Monthly Property Update

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