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Interest rates on hold, but downside risks for the housing sector remain
Article

Interest rates on hold, but downside risks for the housing ...

The RBA held the cash rate at 4.1% today, but kept the door open for a rate hike in August, citing ongoing concerns around the

Home Value Index shows housing values increase in June, but the pace of growth has slowed
Article

Home Value Index shows housing values increase in June, but ...

Australian housing values moved through a fourth month of recovery with CoreLogic’s national Home Value Index (HVI) rising 1.1% in ...

Melbourne gains a competitive advantage
Article

Melbourne gains a competitive advantage

Melbourne house values have increased a mere 1.6% between the onset of COVID in March 2020 and the end of May 2023. Every other capital

CoreLogic Home Value Index surges with strongest monthly growth since November 2021
Article

CoreLogic Home Value Index surges with strongest monthly ...

CoreLogic’s national Home Value Index (HVI) has recorded a third consecutive monthly rise, with the pace of growth accelerating ...

Rising prices and resilience; Australia’s winter housing outlook
Article

Rising prices and resilience; Australia’s winter housing outlook

Not that long ago, Australia was in the midst of the fastest drop in housing values on record, as rapidly increasing interest rates ...

Line ball rate hike likely to be the last for this cycle
Article

Line ball rate hike likely to be the last for this cycle

Today’s interest rate decision was always going to be a line ball; however, the 25 basis point lift is likely to be the last in

CoreLogic Home Value Index: Further evidence Australia’s housing downturn is over
Article

CoreLogic Home Value Index: Further evidence Australia’s ...

After falling -9.1% between May 2022 and February 2023, Australian housing values look to have bottomed out, posting a second ...

Rate hold could herald renewed confidence in property market
Article

Rate hold could herald renewed confidence in property market

The decision from the RBA to hold the cash rate at 3.6% sends a clear message they are ready to take stock, assessing the economic

CoreLogic Home Value Index: National home values up 0.6% in March, breaking a 10-month streak of falls
Article

CoreLogic Home Value Index: National home values up 0.6% in ...

After remaining virtually flat in February (-0.1%), CoreLogic’s national Home Value Index (HVI) posted the first month-on-month ...

It’s cheaper to rent than buy a house in 90% of Australian suburbs
Article

It’s cheaper to rent than buy a house in 90% of Australian ...

The number of suburbs where it’s cheaper to buy than rent has been slashed in the past year, due to a record number of rate

Seasonal new listings suffer as sellers hesitate
Article

Seasonal new listings suffer as sellers hesitate

Australia’s traditional peak property listing window is upon us. Every year during the first half of March – referred to as weeks ...

Positive trend for housing values through first half of March but bottom of the cycle could still be ahead
Article

Positive trend for housing values through first half of March ...

CoreLogic has tracked a loss of momentum in Australia’s housing downturn since September 2022. Research Director Tim Lawless ...

Cash rate hits highest level since May 2012
Article

Cash rate hits highest level since May 2012

Today’s RBA decision for a 25 basis point lift takes the cash rate to 3.6%, the highest level since May 2012. To date, this rate

CoreLogic Home Value Index: Value declines flatten as low advertised stock levels keep a floor under prices
Article

CoreLogic Home Value Index: Value declines flatten as low ...

CoreLogic’s Home Value Index (HVI) recorded a sharp reduction in the rate of decline through February. The national index declined ...

RBA continues with fastest and largest rate hiking cycle on record
Article

RBA continues with fastest and largest rate hiking cycle on ...

The RBA lifted the cash rate a further 25 basis points, to 3.35%, at their February board meeting, continuing what is now the ...

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