A joint study by PIPA and CoreLogic examined how housing markets behaved in the three years after the global financial crisis, finding capital city dwelling values rose by up to 39 per cent and regional values by up to 65 per cent. CoreLogic research head Tim Lawless noted that much of the regional strength came from mining towns, many of which later suffered sharp value falls as the resources boom faded.
Reported by
Gerv Tacadena, Your Investment Property, 26 August 2020
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