
Further evidence Australia’s housing downturn is over
After falling -9.1% between May 2022 and February 2023, Australian housing values look to have bottomed out, posting a second consecutive monthly rise. CoreLogic’s national Home Value Index (HVI) increased by half a percent in April, following a 0.6% lift in March to be 1.0% higher over the past three months. Sydney increased 1.3% in April and is leading the positive turn in housing conditions, … Continue reading Further evidence Australia’s housing downturn is over