Housing Rebound Spreads To Perth As National Housing Values Mark Five Months Of Consistent Growth, Taking The National Index Back Into Positive Annual Growth Territory For The First Time Since April 2018

CoreLogic’s national Home Value Index surged 1.7% higher over the month and delivered the fifth consecutive monthly increase, coupled with the largest monthly gain in the national index since 2003.  Since finding its trough in June earlier this year, the national dwelling value index has recovered by 4.7%.  Although values are recovering rapidly, at a national level home values remain 4.1% below their 2017 peak, tracking roughly at the same level as recorded in the January 2017 index…