CoreLogic February Home Value Index (HVI) Report.

CoreLogic February Home Value Index (HVI) Report.

CoreLogic’s February Home Value Index (HVI) and reporting Australian home values held firm, with a 0.0% change in January and Regional Area’s rising 0.4%.

Not all markets are equal; here are our key takeaways below;

  • Melbourne(-0.6%)

  • Canberra (-0.5%)

  • Sydney (-0.4%)

Recorded a decline in home values in January, while Hobart remained stable.

  • Adelaide(0.7%)

  • Perth (0.4%),

  • Brisbane (0.3%)

Home values have continued to rise, but there has been a clear and steady loss of momentum in these markets, showing they are still at the peak of their cycle.

Australia's regional markets hit new heights;

  • REG QLD+0.7

  • REG WA +1.2

  • REG SA +1.3

They are still at the cycle's peak, with dwelling values across the combined regional areas rising a further 0.4% in January, driven by renewed internal migration and healthier affordability in some regions.

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