Houses trump units in 2020, but will the trend last?
By Bianca Dabu
11 February 2021
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1 minute read
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Houses triumphed over units in 2020, posting far more significant sales in a year that saw a global pandemic greatly influence consumer behaviour.
Despite strong headwinds, Australia saw 459,308 property transactions last year, with houses drawing far more attention than units, according to the latest CoreLogic Property Pulse.
Namely, for every unit sold there were 2.9 house sales in 2020, with the share of houses as a portion of total sales edging up to 74.2 per cent from 73.2 per cent a year earlier and surpassing the decade average of 70.2 per cent.