CoreLogic released their monthly housing market update for the month of September.
New properties listed for sale have normalised for this time of year, although total listings remain low.
Source: CoreLogic
Rental vacancy rates in the capital cities have collapsed to record lows, so there is little respite ahead for renters as population growth continues apace.
Source: CoreLogic
Home values rose 0.8 per cent in September, and 2.2 per cent over the quarter (to be 3.9 per cent higher year-on-year).
Source: CoreLogic
You can read the full update from CoreLogic here.
---
The Melbourne Institute inflation gauge came into at 0.0 per cent for the month of September...dead flat.
The annual rate fell from 6.1 per cent to 5.7 per cent.
