The final week of auction reporting for 2017 returned a preliminary auction clearance rate of 64.2 per cent across the combined capital cities, increasing on last week when the final auction clearance rate fell below 60 per cent for the first time this year, when only 59.5 per cent of auctions cleared.
In this week’s Property Pulse we look at the change in dwelling values over the past year across the sub-regions of each capital city and examine how the performance compared to changes over the previous year and the average over the past five years.
At the end of the June 2017 quarter, Australia’s estimated resident population reached 24,598,933 persons; an increase of 1.6% over the year.
CoreLogic is currently tracking 2,666 scheduled auctions across the combined capital cities over the last week for auction reporting for 2017. This is lower than last week’s final results which saw 3,371 auctions held and also lower than the 2,735 held over the corresponding week last year.
This week across the combined capital cities, auction volumes remained high with 3,353 homes taken to auction returning a preliminary clearance rate of 63.1 per cent, increasing from last week when the final clearance rate across the capitals recorded the lowest not only this year, but the lowest reading...
The latest data on property exposures of Australia’s authorised deposit-taking institutions (ADI) show that the perceived riskier areas of new mortgage lending continue to slow.
In this week’s Property Pulse we look at the dwelling value premium for Sydney compared to the other capital cities over time.
The combined capital cities are expected to see auction volumes over 3,000 for another week, with 3,124 homes currently scheduled to go under the hammer this week.
CoreLogic today released its September quarter largest regional area insights which once again confirms The Illawarra region in New South Wales as the country’s standout regional performer by recording the largest annual increase in home values of 13.0 per cent for houses and 17.0 per cent for units.
There were 3,276 auctions held across the combined capital cities this week, returning a preliminary auction clearance rate of 63.5 per cent, increasing on last week’s final auction clearance rate of 61.1 per cent when the combined capitals recorded the third busiest week for auctions so far this year...
Sydney and Melbourne regions have experienced the strongest value growth over the past decade while the other capital cities have generally seen comparatively moderate value increases.
National dwelling values held steady in November, with a 0.1% fall in capital city dwelling values offsetting a 0.2% rise in values across the combined regional markets of Australia, according to CoreLogic’s November Hedonic Home Value Index results.