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Sydney market review - prices continue to bounce back

It was another strong month for Sydney home prices that saw a 1.7% increase according to the latest data from CoreLogic. With auction clearance rates above 80% and strong bidder activity, signs look promising in the short-term for Sydney real estate.

Sydney market review - prices continue to bounce back
(Image source: Shutterstock.com)

Property prices in Sydney have continued to power higher in what was a strong month for real estate across the country.

Dwelling values in Sydney lept by 1.7%, according to the latest CoreLogic data, with prices up by 5.0% over the quarter. As it stands Sydney was the second-best performing property market in the country over that period of time, just behind Melbourne. 

One of the highlights has been the incredibly strong auction clearance resu…

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