Nov 3, 2022
If you’re someone who tunes into mainstream media, you can be forgiven for thinking they fell for the sixth consecutive month – because that’s what many media outlets have reported.
But this is because of the tendency by journalists to use the data published by CoreLogic, an organisation driven by a desire to generate media sensation, rather than a desire to provide quality information to consumers.
Others research entities – and I mean credible, reputable sources of price information – disagree with the CoreLogic claim that the national average in October was a further decline in house prices.
Both PropTrack and SQM Research have published data which contradicts the figures from CoreLogic.
And I think it’s important for consumers to be aware that there are alternative views about price trends which need to heard.
Because both PropTrack and SQM record significant instances of house prices rising during October.