Home values surged 8.1 per cent nationwide in 2023, a sharp turnaround from the 5 per cent drop in the previous year, and defying forecasts of double-digit declines, data from CoreLogic shows.
Sydney home values jumped by 11.1 per cent over the year, Brisbane climbed by 13.1 per cent, Perth surged by 15.2 per cent and Adelaide increased by 8.8 per cent.
Loading...
correction —
An earlier version of the story misstated the annual growth for individual capital cities and has been corrected.
