Residential Real Estate News

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...

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...

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...

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...

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).

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.

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...

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...

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.

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.

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...

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.

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...