Are Property Valuations Holding Up?

Valuations over April haven't been greatly impacted, however, we don't know if this will last. This is supported by CoreLogic Home Value Index, which showed Australian housing values have held strong throughout April, despite a sharp drop in market activity, severely weak consumer sentiment, and ongoing restrictions placed on the residential sales market amid the COVID-19 pandemic. Overall, National housing values increased by 0.3 per cent in April.

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