CoreLogic AU - HVI +0.7 August 2023 Growth Easing in Regions, SYD - New Listings Rising.

Finally, buyers have some stock returning to the market, with growth in Sydney’s stock level is up +18%. Regions are also experiencing an easing in HVI as new listings are rising. The nation experienced its 5th consecutive growth month in CoreLogic Australia Home Value Index HVI on August 1st, with dwelling prices increasing nationally by +0.7%, with Cities recording +0.8%, and regional growth slowing to+0.2%.

Housing Value declines have eased in September, according to the CoreLogic Home Value Index September report. The spring season saw a national Home Value Index (HVI) decline of -1.4% in September, this shows there is an easing of the rate of decline from a -1.6% fall in August.