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RP Data

Residential Real Estate News

Australian housing values reach a new record high as values continue to rise across every broad region of the country
Housing values continued to rise through the first month of 2021 with CoreLogic's national home value index up 0.9% over the month.

1 Feb 2021

CoreLogic: Housing markets build momentum through the end of 2020, pointing to a strong start to 2021
Australia’s housing market finished the year on a strong footing with CoreLogic’s national home value index rising a further 1.0% in December; the third consecutive month-on-month rise following a -2.1% drop in dwelling values between April and September.

4 Jan 2021

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National Auction Market Preview - 28 February
Auction volumes are expected to rise across the combined capital cities this week with CoreLogic currently tracking 2,495 auctions, up from last week’s 2,128 auctions held, although lower than the 3,026 auctions one year ago.
24 Feb 2021
Housing construction costs rose 1% over the December quarter
CoreLogic’s national Cordell Housing Index Price rose by 1.0 per cent over the three months to December 2020, after the previous quarter increased by a lower 0.6 per cent.
22 Feb 2021
Over 2,000 homes taken to auction across the combined capital cities
There were 2,094 homes scheduled for auction across the combined capital cities this week, up from 1,496 over the previous week. Of the 1,754 results collected so far, 84.4 per cent have reported a successful result, down from last week’s preliminary auction clearance rate of 86.1 per cent which revised down...
22 Feb 2021
How have housing markets performed across Australia’s in-land rural towns
As many parts of rural Australia emerge from long running drought conditions, and the mining sector benefits from higher commodity prices and a lift in investment, many rural areas are recording a surge in housing prices.
19 Feb 2021
Demand for regional housing continues, shows latest CoreLogic Regional Market Update
The latest CoreLogic Regional Market Update, which looks at capital growth over the 12 months to January 2021 in Australia’s 25 largest non-capital city markets, saw Richmond-Tweed claim top spot for houses with 12.6 per cent annual growth. The Southern Highlands & Shoalhaven took top spot for units for the...
19 Feb 2021
National Auction Market Preview - 21 February
There are currently 2,150 homes scheduled for auction across the combined capital cities this week, up substantially from last week when 1,496 auctions were held, although lower than this time last year (2,517).
18 Feb 2021
The house always wins: why house sales vastly outstripped unit sales over the year
It is not unusual for house sales to make up the majority of transactions, with houses making up an average 70.2% of annual sales volumes over the past decade. However, the share of houses as a portion of sales increased to 74.2% in the year to January 2021. This weeks' blog investigates some of the factors...
15 Feb 2021
National Auction Market Preview - 14 February
Auction activity continues to rise across the combined capital cities with scheduled auction volumes up by 27% over the week.  CoreLogic is currently tracking a total of 1,659 capital city auctions, increasing on last week’s final count of 1,304 auctions held and higher than the 1,596 one year...
11 Feb 2021
Preliminary clearance rate improves as volumes rise across the combined capitals
Auction markets have returned a strong result on higher volumes this week, with the combined capitals weighted average preliminary clearance rate holding above 80%. Every capital city recorded a clearance rate above 70% as volumes continued to surge higher after the festive period slowdown.
8 Feb 2021
The city suburbs that slipped below the FHLDS thresholds
On Wednesday, the Minister for Housing announced around 1,800 places would be re-issued from the first round of the first home loan deposit scheme (FHLDS). This means recent value falls may have created an opportunity for first home buyers, where there is a maximum purchase price cap to qualify for the...
4 Feb 2021
Cash rate unchanged at first RBA Board meeting of 2021
2 Feb 2021
The 2021 auction market takes off with 891 capital city auctions this week
Capital city auction activity ramps up after the seasonal slowdown, with 891 homes taken to auction this week; a considerably higher number of auctions when compared to the same week last year (625).
1 Feb 2021
Which housing markets are back above pre-COVID values?
Data from CoreLogic reveals which housing markets have seen the highest value increases relative to their value at March 2020.
1 Feb 2021

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