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Richmond-Tweed market on the path to recovery: CoreLogic RP Data

Richmond-Tweed market on the path to recovery: CoreLogic RP Data
Richmond-Tweed market on the path to recovery: CoreLogic RP Data

After experiencing a lull in sales volumes in 2011, Richmond-Tweed sales volumes are showing steady increases on a year on year basis, according to recent CoreLogic RP Data insights.

Over the 12 months to November 2014, sales volumes were 12% higher than they were at the same time in 2013.

A more moderate rise in Richmond-Tweed home values was recorded over the 2014 calendar year, with detached home values up 2.9%, compared to a 3.7% rise across the unit market.

While home values have increased over the past year, the rise is moderate compared to the 9.7% and 4.5% rise for houses and units respectively over the year to December 2013. 

Richmond-Tweed market on the path to recovery: CoreLogic RP Data

Source: CoreLogic RP Data

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