CoreLogic’s Cordell Construction Cost Index (CCCI) for Q4 2021 showed that despite an easing in the quarterly rate of growth, national construction costs increased 7.3% over the 2021 calendar year, the highest annual growth rate since March 2005. Following a 3.8%  surge in national residential construction costs over the three months to September 2021 , quarterly construction cost growth softened in Q4 to 1.1%, bringing the quarterly … Continue reading CoreLogic: Construction costs rising at the fastest annual pace since 2005

CoreLogic’s June Home Value Index shows Australia’s property values finished the financial year on a high with a further 1.9% growth over the month National home values rose 1.9% in June, taking annual growth to 13.5% for the financial year. The growth in Australian dwelling values was led by houses, which rose 15.6% over the year, compared to a 6.8% lift in unit values. CoreLogic … Continue reading Australian dwelling values finish the financial year 13.5% higher, but a loss of momentum is clear

The latest CoreLogic data shows that Sydney median dwelling values have soared by more 10 per cent over the past year, but how much growth is there left? According to the CoreLogic Home Value Index for May, the median dwelling value in Sydney increased by 11.2 per cent over the year to reach a new record high. Grant Foley Property Director and Buyers’ Agent Grant … Continue reading How much growth is left in the Sydney property market?