Friday, September 14, 2018

Adelaide Housing Market Update | September 2018

Adelaide is one of the few housing markets to record a subtle rise in values in August.

Core Logic has released their newest housing market update for September 2018.

The resilient conditions saw local values trend half a percent higher over the rolling quarter to be 1% higher over the past twelve months — nothing to get excited about, but a strong performance relative to most other markets.

Advertised stock levels are approximately 5% lower than a year ago and the number of settled sales is roughly level with a year ago, suggesting buyers and sellers are reasonably evenly balanced.

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