Australian Dwelling Values Rise in October, 2.9% Higher

The CoreLogic Home Value Index results for October out today confirm a 1.2% rise in national dwelling values over the month, delivering the fourth straight month of rising values.  The October result was the largest month-on-month gain in the national index since May 2015.  The recent gains come after a broad-based decline in housing values, with the national index declining 8.4% between October 2017 and June 2019.  The positive October result takes national dwelling…