By Betty Lam (Head of Investments and Partnerships)
In March, Australia’s home values have seen the fastest rate of appreciation since October 1988. According to CoreLogic’s National home value index, March 2021 locked in a national 2.8% rise with Sydney spearheading the surge, with housing values gaining 3.7% over the month alone and staggering 6.7% across the first quarter.
We continue to watch the regulated lending space closely. In June 2015, we observed a similar surge in Sydney home values just ahead of investor lending interventions, which could throw cold water onto what is a very hot market.
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