National home values rose by another 2.2% in May - Direct Agents

National home values rose by another 2.2% in May

In the latest Core Logic research released, home values across Australia have surged by 2.2% which is more than the 1.8% rise achieved in April.

CoreLogic’s research director, Tim Lawless, reaffirmed the fundamentals driving strength in the housing market remain in place.  

“The combination of improving economic conditions and low interest rates is continuing to support consumer confidence which, in turn has created persistently strong demand for housing.  At the same time, advertised supply remains well below average. This imbalance between demand and supply is continuing to create urgency amongst buyers, contributing to the upwards pressure on housing prices.”

While we agree that the current conditions make for ideal lending scenarios, and the limited supply puts pressure on pricing, we see a few more factors impacting the property market on the Sunshine Coast.

We’ve outlined in our comprehensive research report The Sunshine Coast; the future all the major factors that are making the Sunshine Coast the #1 residential property market in the country and how home owners and investors can both maximise the opportunity to build wealth and support the housing crisis.

Get your free copy of the research report The Sunshine Coast; the future here.

Like this Article?

Stay up to date and subscribe to the latest Sunshine Coast news, real estate reports and property opportunities straight to your inbox.

Share

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on email
Email

Latest News

More property articles and news