Market warms, affordability still front of mind

CoreLogic’s April update paints a two-sided picture for Australian housing. The national Home Value Index advanced 0.3 per cent in April and 3.2 per cent over the year, nudging the median dwelling price to $825,349. Momentum, however, is slower than early 2024, reflecting wary buyers and cost-of-living pressures. Regional markets remain the relative outperformers. Values outside the capitals gained 0.6...