Original article by Lachlan Moffet Gray
The Weekend Australian – Page: 21 & 24 : 2-Oct-21

Data from CoreLogic shows that housing values in Australia have risen by 17.6 per cent so far in 2021, including 1.5 per cent in September. Meanwhile, the total value of the nation’s housing stock may top $10trn by the end of the year if the current growth momentum continues. The Australian Bureau of Statistics recently reported that the value of housing stock rose to $8.92trn in the June quarter. National Australia Bank has forecast that house prices will rise by 20 per cent in 2021, following growth of about 3.8 per cent in 2022.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, AUSTRALIAN BUREAU OF STATISTICS, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB