Only Four Capital Cities Have Recorded Home Values Growth Since 2008

With the Australian Bureau of Statistics releasing the Consumer Price Index for the December 2016 quarter recently, using the CoreLogic Home Value Index we can adjust changes in dwelling values for the effects of inflation.  The value of looking at inflation-adjusted or ‘real’ home value changes is that it highlights whether housing values are moving higher or lower relative to other costs across the economy.

Combined capital city dwelling values increased by 10.9% throughout 2016…