Market Update

Welcome to this month’s housing market update covering the latest housing and economic data nationally, as well as capital city splits.

This month’s update is presented by CoreLogic Research Director Tim Lawless.

“The latest set of housing market indices showed a cooling in the rate of capital gain during April, with CoreLogic’s combined capitals index slowing from growth of around 1.2% per month over the first quarter to just 0.1% over the month of April.

While the result demonstrates a stark slowdown in the pace of capital gains, we need to remember this is just one month of data, so it will be important to monitor the data flows to see if this recent softening develops into a sustained trend of cooling housing market conditions.”

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If you missed the release of this month’s CoreLogic Housing & Economic Chart Pack, download a copy here.

CoreLogic produces an advanced suite of housing market analytics that provides key insights for understanding housing market conditions at a granular level. Granular data is often used for portfolio analysis and benchmarking, risk assessments and understanding development feasibility and market sizing. It gives industry professionals valuable modules which provide essential analytics and insights for decision making and strategy information within the residential property asset class. CoreLogic can tailor reports to suit your business requirements.

For more information contact your CoreLogic account manager or email us.

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