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Perth house prices soar 18 per cent in last 12 months

Posted by admin on October 1, 2021
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Perth price growth has accelerated over the last year, with CoreLogic data confirming the Perth home value index has increased 18.1 per cent in the last 12 months.

This comes after CoreLogic revealed a divergence in its hedonic index* which had undervalued the Perth home value index by 8.4 per cent. This correction has pushed Perth’s annual price growth from 10.8 per cent as originally reported in July to 18.1 per cent in September.

REIWA President Damian Collins said the revised CoreLogic figures revealed the Perth price growth trajectory had performed even better than anticipated, which was welcome news for home owners and sellers.

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