Residential Real Estate News

This week, 2,691 homes were taken to auction across the combined capital cities, revising down from the 3,101 auctions predicted earlier in the week.

One of the factors cementing the current ‘seller’s market’ conditions in Australian housing is a low level of available stock for sale. Recent strong price increases have in part been driven by demand for housing outstripping supply. So where do buyers find reprieve? CoreLogic has analysed suburb-level...

The NSW Registrar General will soon be restricting the supply of property owner names to the general public and integrating providers. So what does this mean for valuers, and how is CoreLogic responding?

There are 3,101 capital city homes scheduled for auction this week, up on the 2,905 last week and the 711 auctions held one year ago.

Record low mortgage rates, and an expectation interest rates will remain low for an extended period of time, have played a central role in stoking Australia’s economic recovery and rebound in housing markets.

Housing markets around Australia continued to surge in May with CoreLogic’s national Home Value Index up 2.2% over the month.

Sydney is the most expensive capital city by some margin, implying the financial commitment is more significant than other regions. It also has the lowest rental yields, signaling some imbalance between housing values and rental rates. So why does NSW have the highest concentration of investors?

This week was set to be the second biggest auction week so far this year however with the announcement of another lockdown in Victoria on Thursday, volumes dropped slightly.

CoreLogic has released its latest Quarterly Economic & Property Market Review which provides a comprehensive overview of housing market performance through the start of 2021.

There are 3,162 capital city homes set to go under the hammer this week, increasing by 11% on last week’s 2,838 auctions held. This week’s volumes are expected to surpass the 3,016 auctions held in early May as the second busiest week of 2021.

Rent values across the combined regional markets have outpaced capital city rents with a growth rate almost three times the size in the 12 months to April.

There were 2,845 homes taken to auction across the combined capital cities this week, compared to 2,905 over the previous week and 612 this time last year. A preliminary auction clearance rate of 78.2 per cent has been recorded across the 2,377 results collected so far.