Six months into the pandemic, Australian dwelling values had eased only marginally rather than falling by the double digit margins some forecasters expected, with the HomeBuilder grant credited for lifting land sales across Melbourne and Geelong. Joint research by PIPA and CoreLogic on the three years following the global financial crisis found capital city values rose by up to 39 per cent and regional values by as much as 65 per cent.
Reported by
Sarah Megginson, Broker News, 20 October 2020
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