The latest research from Chatswood Cityscope shows that commercial property sales have increased in total sales value. For the quarter to June 2017 there were 26 sales at a total sales value of $199.4 million, compared to 31 sales at a total value of $113.7 million for the previous quarter and up from the...
First home buyers are close to record lows in many of Australia’s states and they are below the long term average in every state except Western Australia.
The regional housing markets of Australia have long been laggards when compared to the capital city markets however, the latest data shows that many of these regions have seen values rise over the past year.
CoreLogic March 2017 quarter Pain & Gain Report: Find out the best and worst for property resales over the March 2017 quarter
After showing strong conditions through to September, the final quarter of 2015 ends with capital city dwelling values declining by 1.4%.
In a huge show of confidence in the Sydney commercial office market, the Dexus Property Group has gone on an almost $1.1 billion shopping spree.
The week ending 16th of June saw the lowest number of preliminary auctions for the month, at just 30 held across the country. Of the 30 auctions held, 17 were sold, with a clearance rate of 56.7%. This was lower than the preliminary results of the previous week, which saw 32 sold commercial properties at...
The Sydney CBD Cityscope region encompasses areas around Darling Harbour from Barangaroo and Circular Quay, down to Regent Street in Ultimo. Sales activity was notably subdued in the May 2017 quarter, particularly in the office buildings and commercial units.
he latest research from Canberra Cityscope shows property sales value decreased in the past three months. Sales recorded in the quarter to June 2017 totalled $211.3 million, a decrease from the $684.5 million recorded in the three months to March 2017, but an increase from the $75.5 million recorded in the...
The latest housing finance and housing credit data confirm that the level of activity from investors in the housing market is slowing.
AREC 2017 was a rapid fire festival of great advice that highlighted that despite all the new technology, there are no magic bullets in real estate.
Sydney Council has reportedly paid $43 million for Pittsway Arcade as part of the 'Sydney Square' project.
The Australian Bureau of Statistics released housing finance data for June 2016 earlier this week. The data showed that the value of housing finance commitments was recorded at $32.6 billion which was the highest value since August 2015 but still -2.1% lower than its record high of $33.3 billion in April...
The Australian Bureau of Statistics (ABS) released building approvals data for June 2016 earlier today. Over the month there were 18,693 dwellings approved for construction nationally. National dwelling approvals are currently 26% higher than the decade average.
Earlier this week the Australian Bureau of Statistics (ABS) released consumer price index (CPI) data for the June 2016 quarter. The data showed that inflation rose by 0.4% over the quarter, however over the 12 months to June 2016, inflation has only increased by 1.0%, its lowest annual increase since June...
With the national housing market having experienced more than four years of ongoing value rises, affordability in certain areas is deteriorating and sales that were once considered to be at the top end of the market are now becoming more common.
Over the month there were $32.3 billion in housing finance commitments which is 1.0% higher over the past month. Although the value of housing finance commitments increased in May 2016, they are now -4.6% lower than their August 2015 peak of $33.8 billion worth of commitments.
Building approvals data for May 2016 was released earlier this week by the Australian Bureau of Statistics (ABS). According to the data there were 19,276 dwellings approved for construction over the month. The 19,276 approvals in May 2016 the lowest number of monthly approvals in four months.
The vast majority of property owners who sold their home in the December 2015 quarter sold at in excess of their previous purchase price according the latest CoreLogic RP Data quarterly Pain and Gain Report.
The release today of the monthly CoreLogic RP Data Rent Review results for February confirm that over the coming months rental rates could begin to fall on an annual basis due to additional new rental supply entering the market.
Dwelling values across Australia’s capital cities were 0.9% higher in January driven partially by a rebound in Sydney and Melbourne.
The hottest housing markets in the nation, Sydney and Melbourne, have continued to see an easing in the rate of capital gain over the month of October, however values continued to show a modest rise of 0.3 per cent, and 0.6 per cent respectively across Australia’s two largest capital cities over the month.
The capital city housing market performance was diverse over the first month of Spring, with Sydney value growth flattening and dwelling values down across three of the capital cities according to the September CoreLogic RP Data Home Value Index results out today.
Melbourne and Sydney continued to set a rapid pace for capital gains in July, pushing the CoreLogic RP Data Home Value Index 2.8% higher over the month and 11.1% higher over the past year.