Adelaide housing market update [video] | February 2023

Adelaide's housing market has been relatively resilient to price falls so far.

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Although January did mark the sixth month in a row where dwelling values had fallen, the monthly falls have been substantially milder relative to Sydney, Melbourne, and Brisbane.

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This is starting to transpiration a little though, with the pace of declines progressive from month to month, reaching a -0.8% fall in January.

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Despite this, Adelaide stands out by some margin as recording the largest wanted gains since the onset of COVID, with dwelling values 41.1% whilom what they were in March of 2020.

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