A healthy 11% rise in combined capital city home values over the past twelve months has seen 437 suburbs now join the CoreLogic RP Data 'Million Dollar Club'.
According to analysis from CoreLogic RP Data, rental rates across the combined capital cities fell by -0.3% in July 2015 and the annual rate of growth continues to slow, reaching a new record low of 0.9%.
Buoyant market conditions have produced a sterling result for Australia’s property market with $2 trillion added to the market since 2009; this now brings the total value of the market to $6.0 trillion.
Alternative way of looking at the housing market by using quartiles data over median house price data.
HIA Housing Affordability report released for the June quarter. Read summary and download report here.
The HIA Affordability Index fell in the June 2015 quarter, signalling a deterioration in affordability conditions, said the Housing Industry Association.
Over the past 6 and a half years Sydney and Melbourne have continued to drive the growth in the capital city housing market and at the moment that shows little sign of changing.
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With dwelling approvals hitting record high levels over recent months we take a look at the regions across the country that have seen the highest number of house and unit approvals so far this financial year.
The latest capital city data relating to the average number of days it takes to sell a residential property shows that in May homes were selling at close to their fastest rate on record.
The HIA-CoreLogic RP Data Residential Land Report is provided each quarter by the Housing Industry Association, the voice of Australia’s residential building industry and CoreLogic RP Data.
The annual rate of growth in housing credit has started to stall over recent months and with the banks tightening their lending criteria where will it go from here?