CoreLogic Home Value Index (HVI) Report January 2023

CoreLogic Australia Home Value Index (HVI) recorded its lowest fall in property prices since June 2022. The national HVI average recorded was -1.0% for January 2023.

“The quarterly trend in housing values is clearly pointing to a reduction

in the pace of decline across most regions, however at -1.0% over the

month and -3.2% over the rolling quarter, national housing values are

still falling quite rapidly compared to previous downturns”