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House prices rise with regional market outperforming capital cities, CoreLogic data shows – ABC News

House prices in regional Australia are rising at a higher rate than those in capital cities for the first time in more than 15 years, as COVID-19 increases people’s…

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House prices in regional Australia have risen at a higher annual rate than in capital cities for the first time in more than 15 years, as COVID-19 increases people’s desire to live outside the big smoke.
Key points:

  • CoreLogic data shows national house prices rose 1 per cent in December
  • Regional prices grew almost 7 per cent compared to 2 per cent growth for capital cities
  • Government stimulus saw house prices finish the year 3 per cent higher

Annual data by real estate analysts CoreLogic shows dwelling…

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