Theresa Worrell: Adelaide Housing Market Update [video]

Adelaide recorded a 0.4% rise in housing values in October, the strongest month on month rise in almost two years.

CoreLogic has released their latest housing market update for November 2019.

It’s the value of Adelaide houses that has seen a lift in values, where values are up 0.1% over the past three months, while unit values recorded a subtle decline over the month to be steady over the last quarter.

Despite the relatively steady conditions across Adelaide, housing values were only 1.2% below their historic high in October, highlighting the fact that Adelaide’s housing downturn has been mild relative to most of the other capitals.