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Latest Corelogic House Prices News

Price growth trends diverging across markets

Australian house prices notched up their 14th consecutive month of gains in November, with the annual rise adding more than $126,000 to the median value of homes across the nation.

Aerial photo of houses in the Sydney suburb of Ryde
Home values reached a cyclical high in November in some cities, while in others, a definite slowdown was observed. Photo: Shutterstock

Australian house prices notched up their 14th consecutive month of gains in November, with the annual rise adding more than $126,000 to the median value of homes across the nation.

CoreLogic said housing values nationally gained 1.3 per cent in November, for a 22.2 per cent yearly gain.

However, the November rise was the softest result since January, when values frose by 0.9 per cent, and well below the cyclical peak of 2.8 per cent growth in M…