IS THIS A SIGN OF THINGS TO COME ?
Wednesday, 1 June 2016
CoreLogic Monthly Home Value Index
The CoreLogic May Home Value Index reported a 1.6% rise in capital city dwelling values over the month, taking values 5.0% higher over the calendar year to date.
- Dwelling values across the combined capital cities of Australia rose by 1.6% in May
- House values drove most of the capital gains, up 1.8% compared with a 0.1% rise in unit values.
- Annual rate of growth has rebounded from 7.4% recorded in December back to 10.0% at the end of May