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AAP
AAP
Tess Ikonomou

THE TRUTH ABOUT: Home values jump 12k despite rate hikes - The Untold Story

CoreLogic Tim Lawless
Brisbane property values increased 3.0 per cent in the first quarter of 2024. (Darren England/AAP PHOTOS)

Australian homes added about $12,000 in value in the first three months of the year, despite the cost-of-living crunch and rate hikes, fresh data has revealed.

CoreLogic's latest data, released on Tuesday, shows that housing values so far this year were rising faster than the pace of growth that was occurring at the end of 2023.

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