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Monday, January 25, 2021

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Home Business News Aussie house prices to beat pre-Covid highs within weeks 

Aussie house prices to beat pre-Covid highs within weeks 

Aerial photography of houses and apartments on coastline with ocean, surf, waves. Brighton Blvd, Ramsgate Ave, North Bondi, Sydney, Australia
Australian homes are going up. Image: Getty

Australia’s housing market is on track to see values surpass pre-pandemic highs by early next year, as all capital cities return to growth. 

The national house price index increased 0.8 per cent over November, according to CoreLogic’s latest housing market index, with all capital cities – including Melbourne – posting increases in value. 

Canberra and Darwin recorded the highest increases, both up 1.9 per cent, while Hobart recorded value increases…

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