Is it too late to make a sea change or a tree change?
- realestateprotips
- Mar 2, 2022
- 1 min read
Regional property values increased at more than triple the rate of capital cities in the last quarter, new figures show, but agents said the tree- and sea-change trend is unlikely to continue at the same booming pace.
Despite the delayed return to offices this week, property values in the combined regional markets grew 5.7 per cent in the three months ending March compared to a 1.8 per cent increase in the combined capital cities, the latest CoreLogic Home Value Index, released on Tuesday, found.
The trend is beginning to wane – regional value growth was as high as 6.4 per cent in the December quarter and peaked at 6.6 per cent last April.
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