Theresa Worrell: Adelaide Housing Market Update [video]

Adelaide was the only capital city to avoid a fall in housing values through May, with the CoreLogic index rising 0.2% over the month to be 0.4% higher over the past twelve months.

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

Housing values and transaction activity are generally holding firm across Adelaide.

Compared with most of the other capital cities, this is actually a reasonably strong result.

The median selling time has also held reasonably firm at 43 days, however, vendors have been discounting their prices expectations in order to make a sale, with vendor discounting rates rising from 4.9% a year ago to 5.3% in May.