Great escape from the city
Feb 24, 2021
3 minutes
Pam Walkley
House prices in regional markets have surged in the wake of Covid-19, as more of us are able to work remotely and move out of crowded cities. Regional house prices rose 6.9% in the year to December, almost three times the 2% rise in city house prices over the same period, according to property researcher CoreLogic.
The “Covid flight” has been driven by three major factors: more people working from home, the relative affordability of regional housing
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