Regional property value growth three times higher than capital cities Regional property value growth three times higher than capital cities Tuesday, 12 January 2021 The value of homes in regional markets has grown by almost 7% over the last 12 months – more than tripling capital city property value growth on average – according to CoreLogic. While there was initial volatility caused by the economic impacts of COVID-19, the most recent data from the property research group saw the year finish on 3% growth across the nation, with regional housing demand outweighing supply. “Record low interest rates played a key role in supporting housing market activity, along with a spectacular rise in consumer confidence as COVID-related restrictions were lifted and forecasts for economic conditions turned out to be overly pessimistic,” CoreLogic’s research director, Tim Lawless says.