Hot on the heels of Australia Post's $150 million sale of the Sydney GPO comes the news that it has entered into an agreement to sell a half share of yet to be built building.
The Construction Monthly identifies the major construction projects that are in progress or planned across Australia.
The latest research from Christchurch Cityscope shows that commercial property sales in Christchurch’s CBD have decreased in the past three months. For the three months to June 2017 there were 22 sales at a total value of $38.5 million, compared to 7 sales at a total value of $66.3 million for the previous...
The latest research from Gold Coast Cityscope shows property sale figures have decreased in the past three months. Sales recorded in the three months to late June 2017 recorded 50 sales for a total of $70.1 million. Of this, $14.7 million was for commercial, $12.9 million was for commercial strata, $20.1...
The final week of June saw a dip in commercial auction activity from the previous weeks. In the week ending the 30th, the preliminary results showed there were 43 auctions held across Australia with a clearance rate of 55.8% this is a lower clearance rate and volume than the preliminary results of the...
Foreign exchange (forex) reserves in China increased for the fourth consecutive month in May 2017. It is the longest growth period in Chinese forex in almost three years. If the trend continues, Chinese financial regulators may ease capital controls currently inhibiting foreign direct investment.
The latest demographic data from the Australian Bureau of Statistics (ABS) shows a rapid rate of population growth with migration the key driver.
Despite a seasonally strong result over the month of June, the CoreLogic Hedonic Home Value series shows capital gains over the second quarter of 2017 is losing steam.
The 2016 Census data reveals how people are dealing with unaffordable housing in the capital cities.
The week ending June 23rd saw a total of 53 commercial auctions held across Australia, with a clearance rate of 69.2%. This is a stark increase on the number of auctions held in the previous week, when just 30 auctions were held with a clearance rate of 56.7%, suggesting continued buoyancy in the market.
The Australian Bureau of Statistics October dwelling approvals data likely marks a significant turning point for unit supply, with the latest numbers showing unit approvals have plunged to their lowest levels in 2 years. The October data showed unit approvals have consistently trended lower since reaching a...
The Australian Bureau of Statistics (ABS) released data on construction work done over the September 2016 quarter earlier this week. The data showed that the value of work done fell to its lowest level since December 2010. Over the September 2016 quarter, $46.1 billion worth of construction was completed.
We all know Spring as supposedly the best time to be bringing your home to the market. What is often forgotten is that if everyone acts in the same way looking to sell during Spring, there is a lot more competition amongst vendors and it can be more difficult to sell.
The September 2016 housing finance data was released earlier today by the Australian Bureau of Statistics (ABS). The data showed that there were $32.3 billion worth of housing finance commitments in September 2016 nationally which was the highest monthly value since June 2016.
Building approvals data for September 2016 was released earlier this week from the Australian Bureau of Statistics (ABS). In September, there were 18,945 dwellings approved for construction nationally which was the fewest monthly approvals since November 2015. Dwelling approvals fell by -8.7% over the month...
In the recently released Financial Stability Review (FSR) the Reserve Bank (RBA) talked about the supply risks surrounding the inner city apartment markets however, they did point to the fact that they see more potential risk in Melbourne and Brisbane.
Earlier this week, housing finance data for August 2016 was released by the Australian Bureau of Statistics (ABS). Over the month there was $31.4 billion worth of housing finance commitments which was -1.0% lower over the month and -5.1% lower than it was at its peak in April 2015.
Earlier today the Australian Bureau of Statistics released the latest building approvals data for August 2016. The data showed that the strength in residential dwelling approvals is continuing.
Demographic data for the March 2016 quarter was released last week from the Australian Bureau of Statistics (ABS). The data showed that over the 12 months the national population increased by 1.4% which translates into an increase of 327,610 persons.
At the end of 2014, the Australian Prudential Regulation Authority (APRA) wrote to mortgage lenders reinforcing what they saw as sound mortgage lending practices.
Housing finance data for July 2016 was released by the Australian Bureau of Statistics (ABS) earlier today. The release showed that the total value of mortgage lending in July 2016 was recorded at $31.8 billion which was -1.8% lower compared to the $32.4 billion worth of mortgage lending in June 2016.
The Australian Prudential Regulation Authority (APRA) released its June 2016 quarter property exposures data earlier this week. The data looks at exposure to the property market by Australian Authorised Deposit-taking Institutions (ADI).