House prices return to record highs as COVID rally continues into 2021

Home / House prices return to record highs as COVID rally continues into 2021

A 0.9 per cent rise in house prices last month has taken Australian housing values to a record high, exceeding the peak reached in 2017.

CoreLogic’s latest figures show national average property prices are now 1 per cent higher than before the COVID-19 pandemic and 0.7 per cent above the previous September 2017 peak.

The increase was broad-based, with every city and broader region recording a rise in January.

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