Australia’s housing boom rolls on with national home values lifting another 2.2% in May – Cloned
Housing markets around Australia continued to surge in May with CoreLogic’s national Home Value Index up 2.2% over the month. The rise in May was a stronger result compared with April (1.8%), but weaker than the 32-year high recorded in March when values surged 2.8%.
CoreLogic’s research director, Tim Lawless, observes that growth conditions remained broad based both geographically and across the housing types and valuation segments.