Australian Capital City Homes Values Continue to Rise in February

Home values across the country increased 0.6 percent in February

Newly built houses are seen in the Western Suburbs on January 11, 2024 in Sydney, Australia. Photo by Jenny Evans/Getty Images

Australian home values rose 0.6 percent nationwide in February, but the jump was much higher in Perth, Adelaide, and Brisbane.

Perth values rose 1.8 percent in just a month, while Adelaide home values jumped 1.1 percent, and Brisbane values leaped 0.9 percent, according to Core Logic research.