Sydney home values surged by 1.7% in September, following a 1.6% loft in August and a more modest gain in June and July.
CoreLogic has released their newest housing market update for October 2019.
The last two months have clearly seen the pace of capital gains step up several notches, with growth in September the highest since 2016.
As the market gathers pace, houses are once again starting to outperform the unit sector, with a gain of 3.6% over the September quarter compared with a 3.3% rise in unit values over the quarter.
Although Sydney home values are once again rising, the market still needs to recover a further 11.9% before values surpass the 2017 peak.
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NATIONAL HOUSING MARKET UPDATE [VIDEO] | OCTOBER 2019
PERTH HOUSING MARKET UPDATE [VIDEO] | OCTOBER 2019
ADELAIDE HOUSING MARKET UPDATE [VIDEO] | OCTOBER 2019
MELBOURNE HOUSING MARKET UPDATE [VIDEO] | OCTOBER 2019
from Property UpdateProperty Update https://propertyupdate.com.au/sydney-housing-market-update-video/
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