The Australian Bureau of Statistics (ABS) recently published the March 2019 quarter demographic data. The data showed that at the end of the first quarter of 2019 the estimated residential population of the country was 25,287,394 persons, which was 0.5% higher over the quarter and 1.6% higher year-on-year.
The latest quarterly property exposures data from APRA shows that authorised deposit-taking institutions (ADIs) are writing comparatively fewer risky loans although there has been a slight rise over the June 2019 quarter.
Auction activity across the combined capital cities is expected to increase this week, with 1,866 homes set to go under the hammer, up on last week’s final figure which saw 1,639 auctions held.
The latest housing finance data from the ABS is showing that demand for mortgages is rising and this rise is most evident in NSW and Vic where capital city dwelling values are now rising.
The number of homes taken to auction across the combined capital cities increased to 1,633 this week returning a preliminary clearance rate of 75.7 per cent.
The latest CoreLogic Quarterly Regional Market Update (June 2019), which tracks sales volumes and dwelling values across 11 of Australia’s regional hubs, shows that sales activity has fallen across all regions over the last 12 months.
Auction volumes are set to remain relatively steady over the week, with 1,515 capital city homes scheduled for auction, only 1.2% fewer auctions on final figures from last week (1,533).
There were 1,529 homes taken to auction across the combined capital cities this week, returning a preliminary clearance rate of 77 per cent. Over the previous week, auction volumes were slightly higher with 1,615 homes taken to auction, while the final clearance rate came in at 70 per cent.
Based on sales over the past 12 months, the average house across the nation is currently held for 11.3 years, while units are held for a slightly lower 9.6 years
There are 1,413 capital city homes scheduled to go under the hammer this week, down -12.5 per cent on last week when 1,615 homes were auctioned, and lower than the 1,916 auctions held over the same week last year.
There were 1,605 homes taken to auction across the combined capital cities this week, increasing on the week prior when 1,415 homes were auctioned.
When discussing housing affordability older Australian tend to point to much higher interest rates in the past as being a challenge while for younger Australians, higher property values are seen as the biggest barrier to home ownership.
NZ Super Fund has invested $300 million into a hotel investment venture which includes an investment in the Christchurch BreakFree. The super fund, partnering with Russell Group of companies and Lockwood Group, is to form a partnership to own three hotels.
Recent Sydney Cityscope records indicate the continuing strength of the commercial property market with 81 sales being recorded for the last quarter to August 2019 with a total value of $5.7 billion.
The latest research from Perth Cityscope shows property sales have decreased in the past three months.
The latest research from Newcastle Cityscope shows commercial property sales in Newcastle’s CBD have increased in total sales value.
Sales recorded in the quarter to September 2019 totalled $191.8 million, a decrease compared to the $380.2 million from 17 sales recorded in the quarter to June 2019, but an increase from the $44.8 million of 23 sales recorded in the three months to March 2019.
The latest research from Chatswood Cityscope shows that commercial property sales in the areas covered by it have decreased dramatically in total sales value (mainly due to the transaction of the Zenith Centre in the June 2019 quarter).
Although only a small percentage of the overall global AccorHotels business, the hotel portfolio that was part of the former Tourism Asset Holdings portfolio has generated a huge local sale for the group.
The Durack Centre, one of Stockland’s last remaining commercial assets in Perth, is for sale through JLL Perth and CBRE Perth. The centre contains three buildings (held on a long term lease from July 1st, 1985, with two 33-year renewal options) with frontages to 2 Victoria Avenue, 263 Adelaide Terrace and...
The latest research from Brisbane South Cityscope shows property sale figures have remained steady in the past three months. The last three months to the end of August 2019 recorded 6 sales for a total of over $50.7 million; with $2 million for commercial, $44.7 million for commercial strata and $4.1 million...
The latest research from Sydney Cityscope shows that Sydney CBD commercial property sales for the three months ending August 2019 have significantly increased in total value from the preceding quarter.
The latest research from Macquarie Park Cityscope shows property sales for the three months to August 2019 have increased significantly from the preceding quarter.
The latest research from Southbank Cityscope shows property sales value have decreased in the past three months.
Consumer Affairs Victoria recently undertook a review of the Statement of Information and supporting documentation in consultation with CoreLogic and other key industry players after a year of use. Consumer Affairs Victoria has now revised the forms and guidelines to ensure more transparency for potential...
In this release: • Full History of property & agency campaigns • Include a floor plan in your CMAs • Showcase your past success with customer Testimonials
In an increasingly challenging market, we know how important it is for you to work efficiently & engage your customers by showcasing your local market expertise. To help you achieve this, we are excited to announce a number of new features now available in RP Data!
Australian property market lenders are operating within a new context of tighter regulatory controls and swiftly changing market conditions. The need for a deep and clear understanding of portfolio data has never been higher.
As the results of the 2018 CoreLogic ‘Perceptions of Real Estate Agents’ survey showed, in the real estate game, there’s no substitute for people and sales skills, and you simply won’t do your listings justice without excelling in communication. But a little bit of smart tech can go a long way, for every...
With our continued focus on helping our customers win more listings and sell homes faster we have made great progress working directly with you to ensure we are focusing on where we can drive purposeful change in your roles. Thank you again to all of those customers who offered their time to help us and...
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Over the past few weeks we’ve been busy launching improvements to our products to make it easier for you to find, win and nurture new customers. We have focused on developing ways you can work more effectively while on the road by building productivity refinements into the mobile application and particularly...
Technology is ‘learning’ to look at images of property and assess the value. Chief analytics architect at CoreLogic, Scott Matthews, explains what this means for the future of buying property and the humans in the process.
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CoreLogic is pleased to announce the launch of SmartMove for real estate, a joint venture with our data partner Quantium. Learn more.
CoreLogic just released an update to Signature that allows you to customise the content on the Cover Page section of your CMA and CSR report. Learn more.
Last month we were really lucky to host several of our major customers and valuation firm partners at at CoreLogic's biggest mortgage and financial event of the year - EPIQ™ 2019.
Data and analytics market leader CoreLogic, is pleased to announce the appointment of Ryan Dinsdale as Executive Sales, Marketing and Customer Operations for Australia & New Zealand, effective immediately. Ryan will join the CoreLogic International Executive Team, reporting directly to CEO International Lisa...
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The concept of robots in the workplace was once more akin to science fiction than reality, but these days automated processes are increasingly becoming ‘business as usual’ for organisations seeking greater operational efficiencies.
Australia’s average housing affordability is the best it has been since 2016 with property in some cities and regions the most attainable it has been in decades, according to new ANZ-CoreLogic research.
According to a white paper report by Fidelity International, more than half of women say that investing is too complicated, and a quarter believe that the information around investing is intimidating and tailored towards men. This is resulting in a lot of women not investing outside of traditional assets like...
The Federal Government’s recent decision to modify Royal Commissioner Hayne’s recommendation to move to a ‘user pay’ model and revoke trail commissions has provided welcome relief for the broker industry.
A joint study by Aussie Home Loans and CoreLogic has revealed the most affordable suburbs across Australia, with the lowest median house values starting at a mouth-watering $37,497 in Western Australia’s Mount Magnet
CoreLogic’s purpose is to help people find, acquire and protect their homes. The company recently embarked on a refresh of its community partnerships program for 2019 and it was a clear choice to focus on causes that were equally passionate about access to housing.