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Q1 2021 has ended with new record highs across all capital cities. According to Corelogic, the national home value index increased a further 2.8%, placing values 5.6% above the previous market peak in October 2017. The combined value of Australian dwellings hit $7.9 trillion dollars over the month, which is 3 x the total capitalisation of the stock market. This cements residential property as an important asset class.
