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Residential Real Estate News

National home value index rises at its fastest pace in 32 years
CoreLogic’s national home value index recorded a 2.8% rise in March, the fastest rate of appreciation since October 1988 (3.2%).

1 Apr 2021

Sydney property values reach new record high
CoreLogic today announced Sydney property values have recovered to be beyond their earlier 2017 peak.

11 Mar 2021

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Why is there a real estate ownership gap between men and women?
The reasons for the gap in rates of property ownership for men and women likely come down to women having lower levels of income. Income is an important determinant of home ownership, and lower income households in Australia consistently have lower rates of home ownership. We explore some of the ways lower...
10 Mar 2021
Home prices are starting to surge at the high end of capital city markets
The latest home value index results from CoreLogic showed the strongest monthly rate of growth in national dwellings since August 2003. A striking feature of the current upswing is the pace at which the ‘high’ end of the market has risen in recent months. This article explores what is happening at the high...
8 Mar 2021
Capital city preliminary clearance rate improves across lower volumes over the week
There were 1,587 capital city homes taken to auction this week. Of the 1,311 results collected so far, 84.5% have reportedly sold. This is an improvement on last week’s preliminary clearance rate of 81.9% when volumes were higher (2,473). Final figures by Wednesday saw last week’s preliminary clearance rate...
8 Mar 2021
CoreLogic’s women and property report reveals more about apparent gender wealth gap
CoreLogic’s inaugural Women and Property: State of Play report released on International Women’s Day boosts evidence of the relationship between the gender pay gap and the gender wealth gap. It suggests addressing gender income equality could support closing the wealth gap as it relates to real estate over...
8 Mar 2021
National Auction Market Preview - 7 March
There are fewer homes scheduled for auction this week across the combined capital cities, with four of the states & territories welcoming a public holiday this coming Monday. There is a total of 1,610 auctions currently being tracked by CoreLogic this week, down 35% on last week’s volumes (2,473).
3 Mar 2021
Generic Overview
Just under 2,500 homes taken to auction across the combined capital cities
There were 2,451 homes taken to auction across the combined capital cities this week, up from 2,128 over the previous week, although lower than this time last year when 3,026 auctions were held.
1 Mar 2021
Will changes to JobSeeker impact the housing market?
The temporary supplement to JobSeeker payments in Australia are set to finish at the end of March 2021. The JobSeeker ‘coronavirus supplement’ was a temporary boost to new and existing recipients of welfare schemes in response to the onset of COVID-19 including JobSeeker, Youth Allowance, Austudy and the...
1 Mar 2021
Momentum builds across Australian housing markets as values rise at the fastest rate in seventeen years
Australian home values surged 2.1% higher in February; the largest month-on-month change in CoreLogic’s national home value index since August 2003. Spurred on by a combination of record low mortgage rates, improving economic conditions, government incentives and low advertised supply levels, Australia’s...
1 Mar 2021
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

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