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CoreLogic Launches New Generation Hedonic Home Value Index

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Australia’s leading property data and analytics provider, CoreLogic, has launched its new-generation Hedonic Home Value Index, using updated methodologies and processes to provide insights into housing market conditions across the regions of Australia.

The upgraded Index, which will continue to be published on the first business day of each month, combines a property’s key attributes, such as land area, number of bedrooms, bathrooms and car spaces, with recent local sales to accurately estimate the value of every dwelling nationally on a daily basis. The home value index is designed to measure pure returns and exclude value add from capital works (such as renovations and new construction). Estimated capital gains are based on the…



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