Without a doubt, housing risks are heightened relative to a year ago. Dwelling values are slipping lower nationally and mortgage arrears have moved off their record lows. All this against a backdrop of record high levels of household debt, increasing levels of housing supply and rising domestic and global...
Auction activity is set to rise across the combined capital cities this week, with a total of 2,277 homes scheduled for auction, increasing by 15 per cent on last week’s final figures (1,983), although lower than one year ago when 2,782 capital city homes went to auction.
CoreLogic’s recently released Pain and Gain report highlighted a growing divergence between houses and units for loss making resales.
The combined capital cities saw an increase in the number of homes taken to auction this week with a total of 1,985 auctions held, up from the week prior when 1,916 auctions took place.
CoreLogic's Leading Economists, Frank Nothaft and Tim Lawless Discuss Current USA and Australian Market Conditions
The busiest suburbs for auctions this week are all in Victoria. Reservoir tops the list with 20 homes scheduled for auction, followed closely by Balwyn North (17), Bentleigh East (15) and Cheltenham (13).
Anyone directly or indirectly associated with housing finance has likely felt the pinch of heightened regulation and tighter credit policies. Mortgage brokers and lenders are the first industry participants that come to mind, however the slowdown in lending activity has broader implications for a wide range...
The latest CoreLogic home value index results show the slowdown in the national market has become more broadly based with regional dwelling value growth continuing to slow. In this week’s Pulse we look at how values have changed over the past 12 months outside of the capital cities.
This week saw auction volumes increase across the combined capital cities, with 1,907 homes taken to market returning a preliminary clearance rate of 59.1 per cent.
While there has been a lot of adjustments to mortgage rates over recent years, the big difference with the latest announcement is that the higher mortgage rates are going to affect owner occupiers.
The latest CoreLogic home value index results show the slowdown in the national market has become more broadly based with the majority of capital city regions recording a fall in dwelling values. In this week’s Pulse we look at how value changes have tracked over the quarter and year across capital city SA4...