{"id":32636,"date":"2021-06-02T11:50:09","date_gmt":"2021-06-01T23:50:09","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=32636"},"modified":"2021-06-02T11:50:09","modified_gmt":"2021-06-01T23:50:09","slug":"australian-residential-property-values-rise-by-2-2-per-cent-in-may","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/australian-residential-property-values-rise-by-2-2-per-cent-in-may\/","title":{"rendered":"Australian residential property values rise by 2.2 per cent in May"},"content":{"rendered":"<p><strong>PHOTO: Hobart&#8217;s dwelling values rose by 3.2 per cent in May.<\/strong><\/p>\n<h3 id=\"h-housing-markets-continued-to-surge-throughout-australia-in-may-with-corelogic-s-national-home-value-index-rising-by-2-2-per-cent-over-the-month\"><strong>Housing markets continued to surge throughout Australia in May, with CoreLogic\u2019s national Home Value Index rising by 2.2 per cent over the month.<\/strong><\/h3>\n<p>The rise in May was a\u00a0stronger result than April\u00a0(1.8 per cent), but weaker than March, when values surged by 2.8 per cent, which was the highest month-on-month increase in 32 years.<\/p>\n<p>CoreLogic\u2019s Research Director Tim Lawless said growth conditions remained broad-based in terms of both geography and across the housing types and valuation segments.<\/p>\n<p>\u201cValues were up by more than 1 per cent across every capital city over the month, with both house and unit values lifting across the board,\u201d Mr Lawless said.<\/p>\n<p>He said that of the 334 SA3 sub-regions analysed by CoreLogic, 97 per cent recorded a lift in housing values over the past three months.<\/p>\n<p>\u201cSuch a synchronised upswing is an absolute rarity across Australia\u2019s diverse array of housing markets,\u201d Mr Lawless said.<\/p>\n<p>For the second time in three months, growth conditions in capital city home values outpaced the regional markets.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/eliteagent.com\/australian-residential-property-values-rise-by-2-2-per-cent-in-may\/\">ELITE AGENT<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Hobart&#8217;s dwelling values rose by 3.2 per cent in<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/australian-residential-property-values-rise-by-2-2-per-cent-in-may\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":32637,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098730,478115182,478098512,478099464,478115959,478098521,478098726,478098892,478108952,478098566,478098562,478098807,478098542,478098519,478098535,478103440,478098522,478098809,478098537,478098543,478098873,478098579,478098510,478098514,478098511,478098705,478098533,478098509,478103816],"class_list":["entry","author-data123nz","post-32636","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-auctions","tag-aussie-property-boom","tag-australia","tag-australian-property","tag-australian-residential-property","tag-australians","tag-chinese-buyers","tag-corelogic","tag-covid-19","tag-first-home-buyers","tag-foreign-buyers","tag-hobart","tag-home-loans","tag-home-ownership","tag-house-prices","tag-housing-markets","tag-interest-rates","tag-landlords","tag-melbourne","tag-mortgages","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news","tag-tim-lawless"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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