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House prices rise nationally in November, with further gains expected for 2021, says CoreLogic – ABC News

House prices have continued to rise nationally in the face of the coronavirus-driven recession, with property analysts expecting further rises by early next year….

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House prices have continued to rise nationally in the face of the coronavirus-driven recession.
Key points:

  • House prices rose nationally in November, lifting by 0.8 per cent for the month and 3.1 per cent for the year
  • While dwelling prices are up, values of apartments in capital cities are falling due to the lack of international students
  • CoreLogic analysts expect house prices to further lift in 2021, labelling it a “seller’s market”

Property analysts no longer expect 10 to 20 per cent declines in…

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