Released by CoreLogic

Housing Market Update

Australia

Released by CoreLogic

Welcome to this month’s housing market update

Please find below this month's CoreLogic housing market update, presented by CoreLogic research director Tim Lawless.

"CoreLogic’s May results provided further support that the pace of capital gains is losing some momentum, particularly in Sydney and Melbourne where housing market conditions have been the hottest.  According to CoreLogic’s home value index, capital city dwelling values slipped 1.1% lower in May, which was the largest month-on-month decline in 18 months.

It’s important to note that May has historically been a seasonally weak month of the year."

Note: Capital city updates for Darwin, Canberra and Hobart are available in the national housing market update below.

National Update

Sydney, NSW

Melbourne, VIC

Brisbane, QLD

Perth, WA

Adelaide, SA




About CoreLogic

CoreLogic Australia is a wholly owned subsidiary of CoreLogic (NYSE: CLGX), which is the largest property data and analytics company in the world. CoreLogic provides property information, analytics and services across Australia, New Zealand and Asia, and recently expanded its service offering through the purchase of project activity and building cost information provider Cordell. With Australia’s most comprehensive property databases, the company’s combined data offering is derived from public, contributory and proprietary sources and includes over 4.4 billion decision points spanning over three decades of collection, providing detailed coverage of property and other encumbrances such as tenancy, location, hazard risk and related performance information.

With over 20,000 customers and 150,000 end users, CoreLogic is the leading provider of property data, analytics and related services to consumers, investors, real estate, mortgage, finance, banking, building services, insurance, developers, wealth management and government. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and geo spatial services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate risk. CoreLogic employs over 650 people across Australia and in New Zealand. For more information call 1300 734 318 or visit www.corelogic.com.au.

Get In Touch

Call Us On 1300 734 318

More Options

Already a Subscriber?

Get training

Call Us At 1300 734 318