Regional markets are now consistently outperforming the combined capitals

Trends across the March quarter showed that capital city home values were 0.9% lower over the March quarter, while values across the regional markets tracked 1.1% higher.

Regional markets are now consistently outperforming the combined capitals, according to CoreLogic head of research Tim Lawless. 

“The stronger combined regional markets performance continues a trend that began to emerge in October last year where regional housing markets showed an overall improvement in the pace of capital gains while the combined capitals trend softened,” Lawless said.