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Heat starting to leave Regional Australia, but home values still on the rise

Heat starting to leave Regional Australia, but home values still on the rise

https://www.corelogic.com.au/news-research/news/2022/heat-starting-to-leave-regional-australia,-but-home-values-still-on-the-rise

Red hot Regional Australia property markets are showing signs of slowing, despite outpacing capital cities due to chronically low listings and sustained buyer demand. CoreLogic's latest Regional Market Update shows the growth rate across Australia's

CoreLogic Australia

17 May 2022

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LNP housing pitches may help some households overcome the deposit hurdle, but neglects housing equality

LNP housing pitches may help some households overcome the deposit hurdle, but neglects housing equality

https://www.corelogic.com.au/news-research/news/2022/lnp-housing-pitches-may-help-some-households-overcome-the-deposit-hurdle,-but-neglects-housing-equality

On the weekend, the Liberal party announced two new policies around housing and superannuation in the lead up to next week's election. The first was lowering the age threshold for those who could access downsizing contributions to superannuation.On

Eliza Owen

16 May 2022

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Auction Market Preview - 8 May 2022

Auction Market Preview - 8 May 2022

https://www.corelogic.com.au/news-research/news/2022/AuctionMarketPreview-8May-2022

Auction volumes are down -22.6% week-on-week with 2,088 homes currently scheduled for auction across the combined capital cities.Auction volumes are down -22.6% week-on-week with 2,088 homes currently scheduled for auction across the combined

CoreLogic Australia

13 May 2022

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Auction market continues to cool, as Sydney’s preliminary clearance rate slips below 60%

Auction market continues to cool, as Sydney’s preliminary clearance rate slips below 60%

https://www.corelogic.com.au/news-research/news/2022/auction-market-continues-to-cool,-as-sydneys-preliminary-clearance-rate-slips-below-60

This week, 2,039 homes were taken to auction across the combined capital cities, down from both the previous week (2,699) and this time last year (3,016).

CoreLogic Australia

9 May 2022

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Perth dwelling values hit new record highs

Perth dwelling values hit new record highs

https://www.corelogic.com.au/news-research/news/2022/perth-dwelling-values-hit-new-record-highs

Recent headlines are dominated by rising interest rates, and the start of a downswing in dwelling values particularly across the lower east coast of Australia. But the latest CoreLogic Home Value Index shows Perth dwelling values at a new record

Eliza Owen

9 May 2022

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Regional Australia property dominates as profit-making resales surge

Regional Australia property dominates as profit-making resales surge

https://www.corelogic.com.au/news-research/news/2022/regional-australia-property-dominates-as-profit-making-resales-surge

The latest Pain & Gain report show's Regional Australia's purple property patch continued in the final three months of last year, as a higher proportion of vendors in regional areas reaped a profit compared to their capital city

Eliza Owen

4 May 2022

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Higher interest rates likely to add further downwards pressure on housing growth rates

Higher interest rates likely to add further downwards pressure on housing growth rates

https://www.corelogic.com.au/news-research/news/2022/higher-interest-rates-likely-to-add-further-downwards-pressure-on-housing-growth-rates

The RBA has acted to curb high inflation by lifting the cash rate target today, moving from the emergency lows of 0.1% to 0.35%, an increase of 25 basis points.The RBA has acted to curb high inflation by lifting the cash rate target today, moving

Tim Lawless

3 May 2022

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Construction costs rising at the fastest annual pace since introduction of the GST

Construction costs rising at the fastest annual pace since introduction of the GST

https://www.corelogic.com.au/news-research/news/2022/construction-costs-rising-at-the-fastest-annual-pace-since-introduction-of-the-gst

CoreLogic's Cordell Construction Cost Index (CCCI) for Q1 2022 showed national residential construction costs increased 9% over the 12 months to March 2022, the highest annual growth rate on record outside of the introduction of the GST (10.2% over

CoreLogic Australia

29 Apr 2022

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Australia’s auction market has busiest start to the year on record

Australia’s auction market has busiest start to the year on record

https://www.corelogic.com.au/news-research/news/2022/australias-auction-market-has-busiest-start-to-the-year-on-record

The momentum from last year's record high auction volumes has continued into 2022 with the Australian residential auction market achieving its busiest first quarter on record.CoreLogic's Quarterly Auction Market Review shows 23,748 homes went under

CoreLogic Australia

29 Apr 2022

article
The annual performance gap between houses and units falls further

The annual performance gap between houses and units falls further

https://www.corelogic.com.au/news-research/news/2022/the-annual-performance-gap-between-houses-and-units-falls-further

CoreLogic's monthly Unit Market Update shows the annual performance gap between houses and units fell to 8.7% in March as both markets slipped further from their peak rate of growth recorded in January.CoreLogic's monthly Unit Market Update shows

Kaytlin Ezzy

29 Apr 2022

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Inflation, rate rises and mortgage stress; what’s ahead for the Australian property market

Inflation, rate rises and mortgage stress; what’s ahead for the Australian property market

https://www.corelogic.com.au/news-research/news/2022/inflation,-rate-rises-and-mortgage-stress-whats-ahead-for-the-australian-property-market

The Reserve Bank of Australia is under increasing pressure to raise the cash rate after headline and underlying inflation posted a stronger than expected result in Q1.Concerns about the impact of inflation and potentially rapidly rising interest

CoreLogic Australia

29 Apr 2022

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