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Through the roof: House prices soar 2.1 per cent, biggest rise in two decades

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Monday March 01, 2021

House prices jumped 2.1 per cent in February, their largest national monthly rise since August 2003, spurred on by record low mortgage rates, improving economic conditions and government incentives.

CoreLogic says housing stock on the market for sale is extremely low, while buyer activity is high.(ABC News: Eliza Laschon)

Housing analysts CoreLogic say housing values are rising across every capital city and state region, a synchronised growth phase that hasn’t been seen in Australia for more than a decade.

The last time this occurred for a sustained period was…



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