The combined capital city auction market is expected to see a slight increase in auction volumes this week.
CoreLogic has released its March Quarter Property Market & Economic Review, Eliza Owen Head of Research Australia provides insights around the state of housing before the onset of COVID-19 as well as an assessment of what is ahead.
The combined capital cities returned a preliminary auction clearance rate above 70% this week, which was the highest preliminary result we’ve seen since early March.
There are 472 capital city auctions being tracked by CoreLogic this week, increasing on the 417 auctions last week.
This week, 400 capital city homes were scheduled for auction, with preliminary results returning a 64.0 per cent clearance rate.
The number of homes scheduled for auction continues to trend lower, with only 365 auctions to take place this week, lower than the 480 auctions last week.
The combined capital city preliminary auction clearance rate bounced back above 60% for the first time since late March, with 64.5% of homes selling this week.
Temporary bans in on-site auctions have led to significant shifts in the auction data. Here is a breakdown of the statistics, and how to interpret them.
There are 424 capital city homes scheduled for auction this week, down on the 612 homes auctioned last week.
The cash rate was unchanged at today’s RBA board meeting, holding at the record low of 0.25%, which is where it’s likely to stay until at 2023.
This week, 590 capital city homes were scheduled for auction, with preliminary results returning a 59.6 per cent clearance rate.
According to the CoreLogic Home Value Index results out today, Australian housing values have not seen any evidence of a material decline in April, despite a sharp drop in market activity and a severe weakening in consumer sentiment.
In a partially related sale, Bligh Chambers in the Sydney CBD has changed hands for a total of $179,574,850.
While the Sydney CBD remains asleep several owners and developers are showing confidence in its future life, lodging development applications with City of Sydney Council in April and May of 2020.
The latest research from Brisbane Cityscope shows property sale numbers have increased in the past three months but sales figures have dropped.
The latest research from Brisbane Fringe Cityscope shows property sale numbers have remained steady but sales figures have decreased in the past three months.
The latest research from Auckland Cityscope shows that property sales value have increased over the past three months.
The latest research from Richmond Cityscope shows property sales value has decreased significantly in the past three months.
The latest research from Burke Road Cityscope shows sales value has increased in the quarter to May 2020.
Sales recorded for Melbourne Units Cityscope for the three months to May 2020 totalled $145.7 million
New to market are two Sydney CBD buildings at 114 Castlereagh Street and 139 Elizabeth Street. James Aroney and Mitch Noonan of JLL are marketing the property on behalf of well-known hotelier, Kim Maloney of Bondi Beach.
Flight Centre received a much needed boost this week with the sale of Flight Centre House at 436 St Kilda Road, Melbourne. In an off-market sale arranged by Fitzroys, the property sold for $62.15 million. The purchaser was Shakespeare Property group, led by founder and director, Yak Yong Quek.
The latest research from North Sydney Cityscope shows property sales for the quarter to April 2020 have decreased significantly in terms of total value.
This quarterly update of Pyrmont-Ultimo Cityscope shows an increase in total sales value, with a total of 20 sales at a value of $132.4 million, compared to 23 sales at a total value of $44.3 million for the quarter ending January 2020.
ValConnect Upload Portal is a new solution, launched by CoreLogic, designed to assist valuers effectively conduct remote valuations to ensure the flow of lending can continue in the COVID19 environment.
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
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...
The news has been awash with stories of falling house prices, less sales, lower clearance rates and more stringent lending policies in recent months. But despite these ongoing market and regulatory challenges, the Australian broking industry is in a remarkably healthy state.
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.
Leading mortgage aggregator, Finsure Group, has joined forces with CoreLogic, Australasia’s largest provider of property information, analytics and property-related risk management services.
For over three months, Australia has been ravaged by catastrophic fires that have now escalated to unprecedented levels. CoreLogic is coming together and partnering with our customers to provide support to those impacted and play our part in helping to rebuild homes and the communities of which they are a...
Housing affordability peaked in June and property prices could reach record highs in the first half of 2020 if they continue at current rates, according to new ANZ and CoreLogic research.
The story of Cordell, the nation’s leading authority on project activity and building cost information, is the story of its iconic founder Joan Cordell, one of Australia’s pioneering businesswomen.
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...
How are consumers differentiating between the offers and providers and what are the things that are making them click through to become a qualified lead?
Data is a strategic asset that has made an indelible impact on the way we do business, so much so that cost-per-click, average revenue per user, and terabytes of data have all become routine turns of phrase in even the smallest organisations.
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.