Residential Real Estate News

There are 2,125 auctions scheduled to take place across the combined capital cities this week, down slightly from last week when 2,168 auctions were held. This time last year, a considerably higher 2,912 homes were taken to auction over the same week.

The RBA remains in ‘wait and see’ mode as the earlier heavy lifting on monetary policy flows through to the Australian economy.

Australia's housing market continued along a recovery trend through November. CoreLogic’s national index recorded a second consecutive monthly rise in November, with dwelling values up 0.8% over the month. The new recovery trend follows a 2.1% drop in Australian home values between April and September.

CoreLogic’s suite of products, including RP Data, just got more powerful –with the coverage of property attributes increasing by a whopping 23% -putting even richer property data at your fingertips.

There were 2,155 homes scheduled for auction across the combined capital cities this week, up from 1,803 over the previous week. Of the 1,763 results collected so far, 73.9 per cent have reported a successful result, slightly higher than last week’s preliminary auction clearance rate of 73.6 per cent, which...

2020 has been a devastating year for many households and small businesses. As Australia moves through its first recession in over 28 years, ABS payroll data suggests wages are down 4.3% between Australia’s 100th case of COVID-19 on March 14, and October 31st. In the same period, payroll jobs decreased 3.0%

This week, scheduled auction volumes are expected to surge above 2,000 for the first time since April, with 2,201 capital city homes scheduled to go under the hammer. Last week, final results saw 1,803 properties taken to auction across the combined capital cities and one year ago a significantly higher...

There were 1,791 homes scheduled for auction across the combined capital cities this week and of the 1,442 results collected so far, 73.6% have reported a successful result.

The CoreLogic Regional Market Update, which looks at capital growth over the 12 months to October in Australia’s 25 largest non-capital city markets, saw Tasmania’s Launceston & North East region remain the top performer for houses for the third consecutive quarter (10.5 per cent).

In 2020, the Australian Property Institute (API) updated the requirements for PropertyPRO reports. Valuation compliance experts David Brandon (API) and Tony Hill (CoreLogic) explain what these changes mean for valuers.

Weekly auction volumes are set to rise across the combined capital cities, with a total of 1,851 homes scheduled to go under the hammer this week. The scheduled number of auctions are not only expected to be higher than the 1,728 auctions last week, but the highest level reached since the week ending 19...

This week, the NSW government handed down a budget with proposed reform to the current transfer duty and land tax system. Following the broad consensus of academics, economists and think tanks, NSW Treasurer Dominic Perrottet announced consultation will be sought on a proposed model for changes to stamp duty,...