There were over 3,000 capital city homes taken to auction this week, making it the busiest week for auctions we’ve seen this year; in fact the largest number since March last year.
The number of residential properties advertised for sale this spring has been lower than last year across every capital city due to both less fresh stock being added to the market together with a rise in buyer activity.
CoreLogic’s national Home Value Index surged 1.7% higher over the month and delivered the fifth consecutive monthly increase, coupled with the largest monthly gain in the national index since 2003.
Financial institutions are consistently trying to win new share. There is a struggle to differentiate, when the key lever is always price.
The combined capital cities are set to see the busiest week for auctions this year, with 2,774 homes scheduled to go under the hammer, higher than last week’s 2,612 auctions held and the 2,749 recorded last year.
There were 2,599 homes taken to auction across the combined capital cities this week, returning a preliminary auction clearance rate of 72.9 per cent.
CoreLogic is currently tracking 2,369 auctions across the combined capital cities this week, down from 2,590 over the previous week and 2,701 over the same week last year.
Nationally, dwelling values have risen at roughly the same pace as household incomes over the past decade providing a relatively steady ratio of dwelling values relative to household incomes. At the same time, mortgage rates have fallen to generational lows, leading to an improvement in loan...
There were 2,571 homes taken to auction across the combined capital cities this week, up from 2,412 over the previous week making it the 2nd busiest auction week all year. Preliminary results show a clearance rate of 74.1 per cent, compared to last week’s final clearance rate of 70.6 per cent. One year ago,...
Since moving through a trough in May, the value of new owner occupier home loan commitments has increased by 17.3% through to the end of September and the value of investor loan commitments is up 8.4%
Auction activity is expected to remain relatively steady week-on-week across the combined capital cities, with CoreLogic currently tracking 2,439 auctions this week. Last week, 2,412 capital city homes were taken to auction and one year ago a higher 2,745 auctions were held.
The New Zealand financial landscape is changing. The concentration on compliance and responsible lending is pivoting institutions away from simply fighting for home loans to increase market share and profitability.
The combined capital cities are expected to see a lower volume of auctions take place this week with CoreLogic currently tracking 2,628 auctions, down from 3,206 last week and similar to the 2,631 last year.
Construction activity data collated by Cordell (a division of CoreLogic) showed that the total number and value of new projects announced (but not yet commenced), for October increased by 5% with 1,918 new projects added to the pipeline.
The latest research from Southbank Cityscope shows property sales value have decreased in the past three months.
The latest research from Chapel Street Cityscope shows that commercial property sales value have decreased in the past three months.
The latest research from Burke Road Cityscope shows sales value decreased significantly in the quarter to November 2019. In this latest quarter, there was 1 sale of $0.5 million, compared to the 3 sales at a total value of $7.4 million in the previous quarter.
The latest research from Richmond Cityscope shows property sales have increased in the past three months.
The latest research from Macquarie Park Cityscope shows property sales value for the three months to November 2019 have increased significantly from the preceding quarter.
Being offered for sale for the first time in over 100 years is the Lane Cove maize mill on 2.9 hectares of land overlooking the Lane Cove River.
Once again Perth is showing growth in the market with Western Australian apartment developer, Finbar, purchasing a 1,697 sqm site on Adelaide Terrace for $6.5 million.
As the second most populated area in NSW, Newcastle’s commercial property market continues to grow. The quarter pre-September 2019 saw $89.6 million of non-residential property change hands with $201 million for the year to date. Several opportunities in the city have recently been placed on the market.
Sales recorded for Melbourne Units Cityscope for the three months to November 2019 totalled $390 million, a decrease from the $395.9 million recorded for the quarter to August 2019 and an increase from the $387.6 million in the quarter to May 2019.
Alternative valuation services have become a game changer for the valuation industry in recent years, allowing valuers to complete remote and alternative valuations with the aid of big data and an enhanced experience for the end-user.
Australia’s leading property data and analytics provider CoreLogic has launched the latest iteration of its valuation software, ValConnect, adding rural desktops to its integrated service offering.
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
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