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.
A private investor has purchased 3 towers at The World Trade Centre in Melbourne for $267.5 million.
The latest research from Brisbane Fringe Cityscope shows property sale numbers have increased slightly in the past three months and sales figures have significantly increased. The last three months to the beginning of February 2017 recorded 37 sales for a total of $313.1 million, with $262.6 million for...
The latest research from Brisbane Cityscope shows property sale numbers have increased only slightly in the past three months although sales figures have significantly increased. The last three months to the beginning of February 2017 recorded 15 sales for a total of $330.6 million, with $191.2 million for...
The week ending 3rd of February saw no preliminary auction results captured by CoreLogic in the commercial space, however, there were revisions to the previous week. The week ending 27th of January saw a revised increase in the number of commercial auctions.
The Construction Monthly, previously known as the Cordell State Market Report, identifies the major construction projects that are in progress or planned across Australia
The week ending 27th of January saw no auctions cleared, despite 4 commercial properties listed for sale by auction across Australia. This is a lower clearance rate than was seen in the previous week, where one of two listings was cleared at auction, at a value of $1.01 million.
The latest research from Norwest Cityscope shows a decrease in the total value and number of sales over the last quarter. For the three months to January 2017, there were 21 sales at a total value of $17 million, compared to the 31 sales at a total value of $22 million for the three months...
Brookfield Property Partners are seeking expressions of interest to sell a 25% share in the planned Wynyard Place redevelopment of Sydney's Wynyard Station precinct.
The latest research from Eastern Melbourne Cityscope shows property sales have decreased in the past three months. Sales recorded in the quarter ending January 2017 totalled $111.6 million, a decrease from the $170.5 million recorded in the three months to October 2016, and a decrease from the $164.1 million...
The latest research from Docklands Cityscope shows that commercial property sales have decreased in number and in total sales value. For the quarter to January 2017, there were 8 sales at a total sales value of $78.8 million, compared to 10 sales at a total value of $186 million for the previous quarter.
January marks a slowdown in commercial auction transactions for the commercial sector. In the week ending 20th of January 2017, there were no auctions to report. In the same week of January 2016, there was 1 sale cleared at auction worth $5.57 million...
Did you know CoreLogic tracks development of virtually all major construction projects in Australia? Each quarter, a snapshot of the data gauges development activity. The number and value of projects are observed in four stages: The Pipeline Commencement Deferment Abandonment All segments of the commercial...