Market Quick Wrap

In March, Australia’s home values have seen the fastest rate of appreciation since October 1988. According to CoreLogic’s National home value index, March 2021 locked in a national 2.8% rise with Sydney spearheading the surge, with housing values gaining 3.7% over the month alone and staggering 6.7% across the first quarter.  

We continue to watch the regulated lending space closely. In June 2015, we observed a similar surge in Sydney home values just ahead of investor lending interventions, which could throw cold water onto what is a very hot market.

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