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Thursday 22 October 2020

Property prices now rising (CoreLogic)

Prices on the up

Tim Lawless of CoreLogic reported that only Melbourne now has a rolling 28-day average property price in negative territory.


Melbourne prices are 6.1 per cent below their April peak, but the trend is improving in the Victorian capital too.

Prices across the smaller capitals have been rising since early September, according to CoreLogic.

And here's the chart showing the same:


Commsec highlighted that Australia's 90-day bank bill swap rate fell to the lowest level ever, at 6 basis points.