Australia’s housing market correction continued through August with the CoreLogic Report National Home Value Index tracking 0.3% lower over the month. Since peaking in September last year, values have been consistently tracking lower, down a cumulative 2.2% through to the end of August 2018.
The good news? Adelaide! As we have continually said, slow and steady wins the race, and while 1.0% annual growth does not seems spectacular, it points to value and affordability in South Australia. This coupled with renewed business confidence in the State is great news for both home owners and those looking to get into the market.
Source: Corelogic.com.au
As always, please be in contact should you need assistance with any property matter.
If interested in an individual property appraisal or statistics on your suburb or local area, please email info@salistings.com.au.
Justine
salistings.blog 