Sydney's annual price growth surpasses 15%: CoreLogic daily index

Sydney's annual price growth surpasses 15%: CoreLogic daily index
Sydney's annual price growth surpasses 15%: CoreLogic daily index

Sydney's price growth continued through December it seems.

Despite all the distractions, the month saw year to date growth hit 15%.

There's just a few days left before CoreLogic sign off on 2016 data.

Melbourne too finished strongly with price growth, according to the daily index at 13% plus.

The CoreLogic Daily Home Value Index is part of the suite of housing market indices produced by CoreLogic measuring value changes across the Australian housing market.

The CoreLogic Daily Home Value Index aims to measure daily movements in the value of Australian housing markets.

But rather than relying solely on transacted sale prices to provide a measure of housing market conditions, the CoreLogic Daily Home Value Index is based on a ‘hedonic’ methodology.

Sydney's annual price growth surpasses 15%: CoreLogic daily index

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Sydney House Price Growth

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