The preliminary clearance rate increased to 58.7 per cent this week, after last week saw the final clearance rate revise down to just 52.4 per cent.
As the housing market transitions from one in which values are growing to one where values are declining, in this week’s Pulse we take a look at the suburbs that have experienced the greatest change in listings over the year.
Earlier this week the Australian Prudential Regulation Authority (APRA) released its quarterly property exposures data for authorised deposit-taking institutions (ADIs).
Industrial real estate is a relatively cheap, versatile building asset. According to the Australian Bureau of Statistics’ Functional Classification of Buildings publication, industrial real estate is “used for warehousing, primary production and the production and assembly activities of industrial or...
This week, all of the busiest suburbs for auctions are in Victoria. Reservoir tops the list with 17 homes set to go under the hammer, followed by Glen Waverley with 14 and Craigieburn with 13 auctions scheduled.
The CoreLogic hedonic decile series splits the market into 10 even segments based on the value of properties providing a more detailed view on how dwelling values are tracking across each city. In this week’s Pulse we compare growth across the most affordable 10% of properties (1st decile) and the most...
Auction volumes increased significantly over the week with 1,991 homes taken to auction across the combined capital cities, up from just 904 last week when auction volumes were lower due to the Queen’s Birthday long weekend.
The top 5 busiest suburbs for auctions this week are all in Victoria; not surprising given Melbourne is set to be the busiest auction market.
Capital city preliminary clearance rate shows little improvement, with auction activity across the capitals significantly lower.
The latest private sector credit data from the Reserve Bank (RBA) shows that the expansion of housing credit continues to slow with both owner occupier and investor credit growth tracking lower in April.
Auction activity is expected to be quite subdued across the capital cities this week, with a total of 814 homes scheduled for auction