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CoreLogic property value index finds ‘remarkable’ rise in house prices for October – ABC News

House prices across Australia have risen overall for the first time since the start of the coronavirus pandemic.

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House prices across Australia have risen overall for the first time since the start of COVID-19.
Key points:

  • House prices were up nationally in October
  • It follows five months of national declines during the coronavirus pandemic
  • Melbourne is the only capital city market that did not record a rise in values in October

Monthly data from CoreLogic shows that, as a collective average, the housing market experienced a 0.4 per cent rise in October.
It follows month-on-month average declines since the pandemic…

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