Consistent with current industry predictions, the RBA has decided to keep the official cash rate at the record low of 1.50 per cent. CoreLogic head of research Tim Lawless comments.
The combined capital cities saw significantly fewer auctions this week, with a total of 953 auctions held; the lower activity a result of most states being host to a long weekend as well as both the AFL and NRL grand finals taking place
The latest demographic data release from the Australian Bureau of Statistics (ABS) shows a big jump in net overseas migration over the first quarter of 2017.
Auction activity across the combined capital cities is set to be quite subdued this week, with half the nation host to an upcoming public holiday; combined with both the NRL and AFL grand finals being held over the weekend, it looks to be a quiet week for the auction markets.
Auction volumes increase across all but one of the capital cities this week, returning a preliminary clearance rate of 70.7 per cent across 2,759 auctions.
Australia’s economy increased 0.8% in the June quarter, according to seasonally adjusted, chain volume measures released Wednesday. This brings annual GDP growth to 1.8% at the end of June. But aggregate growth figures mask one of the longest declines in private sector, gross capital formation in Australia’s...
The number of properties scheduled to go to auction this week is expected to surpass last week as the busiest week for auctions since June, with CoreLogic currently tracking 2,592 auctions across the combined capital cities, up from last week when final results saw 2,510 auctions held.
ABS Property Price Index Confirms the Slowdown That the CoreLogic Index Was Already Showing - CoreLogic
There were 2,490 auctions held across the combined capital cities this week, up from 2,258 last week, making it the busiest week for auctions since the beginning of June.
The Australian Bureau of Statistics (ABS) released their biennial survey of household income and wealth recently. The release has a huge amount of valuable data but at least initially I thought it was pertinent to look at the dwelling tenure data.
CoreLogic news details auction activity across the combined capital cities is expected to see a slight increase this week. Read more from September 17, 2017.
Preliminary figures show 70.2 per cent of auctions were successful across the combined capital cities, while auction activity increases week-on-week.
Excellent returns on commercial property continue to be seen this week with the sale of 150 Charlotte Street, Brisbane at $105.75 million.
The week ending the 13th of October saw 24 commercial auction events collected by CoreLogic. This marks a slight recovery from subdued auction activity following the long weekend at the beginning of the month.
We would like to thank you for your patience in waiting for the Q2 2017 report! The Market Movement report has been delayed due to substantial changes in construction research at CoreLogic. Unlike previous quarters, the Q2 2017 Market Movement report reveals more of a time series in Cordell construction...
Large scale infrastructure is inflating activity taking place across the construction industry according to the CoreLogic October Construction Monthly report.
Commercial property auctions saw their second week of extremely subdued sales activity, according to the CoreLogic preliminary results. The last week with a substantial number of preliminary observations was the week ending 22nd of September, which saw 61 auction events.
St Kilda Road Cityscope reports this week that there has been almost $370 million worth of commercial property transacted in the last quarter. One of these sales is that of 324 St Kilda Road, Southbank.
The October 2017 update from Wellington Cityscope shows that commercial property sales have decreased in total sales value in the last quarter. Read more.
The latest research from Eastern Sydney Cityscope shows property sales have decreased in the past three months.
CoreLogic news details that with negative growth easing, is it time to get confident in Perth’s office market? Read more from October 2017.
Through a JLL Sydney led expressions of interest campaign that began at the beginning of 2017, Brookfield Property Partners has sold a half stake in their huge Wynyard Place development.
The latest research from Parramatta Cityscope shows sales have declined in the quarter to September 2017.
The latest research from Melbourne Cityscope shows that commercial property sales have increased significantly in the past three months.