Residential Real Estate News Lift off for new listings, as Australia's spring selling season begins in earnest Freshly listed housing stock is starting to lift as the spring selling season begins to heat up. Every Australian capital city has seen a lift in the number of new real estate listings over recent weeks, with some of the largest listing increases recorded in those capitals navigating lockdown. Despite this, the new listings trends remain below the five-year average in every capital apart from Adelaide, Perth and Darwin. 23 Sep 2021 Housing turnover reaches the highest level in nearly 12 years CoreLogic estimates almost 598,000 properties sold across Australia in the 12 months to August. That’s the highest number of annual sales since 2004 and 31% higher than the 10-year average. Even though overseas migration has stalled, there’s been a surge in domestic demand for the past 12 months. Will it continue? Can it continue? Tim Lawless explains. 16 Sep 2021 Get the CoreLogic Newsletter Receive a weekly email with the latest housing market information, news and updates. Email More The premium for houses over units has hit record highs – which capital city shows the biggest gap? Since the onset of COVID-19, a prominent trend across the Australian dwelling market has been high demand for detached houses. This is reflected in price changes of houses and units since March last year, as stage 2 restrictions rolled out across the nation. In the past 16 months, capital city house values... 29 Jul 2021 Australian residential auction market records busiest period since 2017 CoreLogic’s Auction Market Review for the June quarter 2021 shows 31,605 homes were taken to auction across the combined capital cities in the three months to June 2021. These figures make it the busiest quarter for auctions since the December 2017 quarter when 32,408 capital city auctions were held. 26 Jul 2021 Fewer homes taken to auction across the combined capital cities amidst multiple lockdowns There were 1,849 homes taken to auction across the combined capital cities this week, down from the 2,153 originally expected earlier in the week with Melbourne, Sydney and Adelaide currently in lockdown. Over the previous week, 2,097 auctions were held, while this time last year, 1,326 homes were taken to... 26 Jul 2021 National Auction Market Preview - 25 July 2021 22 Jul 2021 What the 2032 Olympic Games means for Brisbane’s property market The Olympics should work as a positive influence on Brisbane housing market conditions, however, with the Games still some eleven years away, the flow on effects are likely to be gradual and centred around significant infrastructure upgrades and the associated medium-term uplift in jobs and longer-term... 22 Jul 2021 Which regions have seen the highest rent value increases over the year? In the 12 months to June 2021, annual rent increases were observed across 79 of the 88 SA4 markets analysed, ranging from a 0.2% rise in the North East and North West Melbourne rent markets, to a 23.7% increase in rent values across the South East of Tasmania. 21 Jul 2021 Preliminary auction clearance rate remains steady across the combined capital cities week-on-week despite a lockdown in the two largest capitals The combined capital city preliminary auction clearance rate remained relatively steady week-on-week, despite the announcement earlier in the week that Sydney was extending the current lockdown and Melbourne was commencing a 5th lockdown. There were 2,169 capital city homes taken to auction over the week, and... 19 Jul 2021 National rents record highest annual growth in over a decade CoreLogic’s Rental Review for the June 2021 quarter takes national rental rates 6.6% higher over the year; the highest annual growth in dwelling rents since January 2009. 19 Jul 2021 Mortgage serviceability cheaper than renting on over a third of Australian properties CoreLogic analysis suggests servicing a mortgage is now cheaper than paying rent on 36.3% of Australian properties, which is higher than the pre-COVID proportion of 33.9% reported in February last year. 15 Jul 2021 Preliminary auction clearance rate improves as volumes remain relatively steady over the week The combined capital city preliminary auction clearance rate improved as volumes remained relatively steady week-on-week. There were 2,121 capital city homes taken to auction over the week, returning a preliminary auction clearance rate of 76.4%. 12 Jul 2021 The housing market through pandemic lockdowns As the delta variant of COVID-19 spreads in Australia, and vaccination rates remain low, CoreLogic has released a comprehensive overview of housing market performance through lockdowns. 9 Jul 2021 National Auction Market Preview - 11 July 2021 8 Jul 2021 RBA firm on cash rate, but other headwinds could slow property value growth At today’s monthly board meeting, the RBA held the official cash rate at 0.1%. Additionally, the RBA’s Term Funding Facility (TFF), which has been providing additional support for low mortgage rates, expired at the end of last month. With the expiry we could see additional upwards pressure on longer term... 6 Jul 2021 Pagination Page 3 of 13 First page « First Previous page ‹ Previous Page 1 Page 2 Current page 3 Page 4 Page 5 … Next page Next › Last page Last »
Lift off for new listings, as Australia's spring selling season begins in earnest Freshly listed housing stock is starting to lift as the spring selling season begins to heat up. Every Australian capital city has seen a lift in the number of new real estate listings over recent weeks, with some of the largest listing increases recorded in those capitals navigating lockdown. Despite this, the new listings trends remain below the five-year average in every capital apart from Adelaide, Perth and Darwin. 23 Sep 2021
Housing turnover reaches the highest level in nearly 12 years CoreLogic estimates almost 598,000 properties sold across Australia in the 12 months to August. That’s the highest number of annual sales since 2004 and 31% higher than the 10-year average. Even though overseas migration has stalled, there’s been a surge in domestic demand for the past 12 months. Will it continue? Can it continue? Tim Lawless explains. 16 Sep 2021
The premium for houses over units has hit record highs – which capital city shows the biggest gap? Since the onset of COVID-19, a prominent trend across the Australian dwelling market has been high demand for detached houses. This is reflected in price changes of houses and units since March last year, as stage 2 restrictions rolled out across the nation. In the past 16 months, capital city house values... 29 Jul 2021
Australian residential auction market records busiest period since 2017 CoreLogic’s Auction Market Review for the June quarter 2021 shows 31,605 homes were taken to auction across the combined capital cities in the three months to June 2021. These figures make it the busiest quarter for auctions since the December 2017 quarter when 32,408 capital city auctions were held. 26 Jul 2021
Fewer homes taken to auction across the combined capital cities amidst multiple lockdowns There were 1,849 homes taken to auction across the combined capital cities this week, down from the 2,153 originally expected earlier in the week with Melbourne, Sydney and Adelaide currently in lockdown. Over the previous week, 2,097 auctions were held, while this time last year, 1,326 homes were taken to... 26 Jul 2021
What the 2032 Olympic Games means for Brisbane’s property market The Olympics should work as a positive influence on Brisbane housing market conditions, however, with the Games still some eleven years away, the flow on effects are likely to be gradual and centred around significant infrastructure upgrades and the associated medium-term uplift in jobs and longer-term... 22 Jul 2021
Which regions have seen the highest rent value increases over the year? In the 12 months to June 2021, annual rent increases were observed across 79 of the 88 SA4 markets analysed, ranging from a 0.2% rise in the North East and North West Melbourne rent markets, to a 23.7% increase in rent values across the South East of Tasmania. 21 Jul 2021
Preliminary auction clearance rate remains steady across the combined capital cities week-on-week despite a lockdown in the two largest capitals The combined capital city preliminary auction clearance rate remained relatively steady week-on-week, despite the announcement earlier in the week that Sydney was extending the current lockdown and Melbourne was commencing a 5th lockdown. There were 2,169 capital city homes taken to auction over the week, and... 19 Jul 2021
National rents record highest annual growth in over a decade CoreLogic’s Rental Review for the June 2021 quarter takes national rental rates 6.6% higher over the year; the highest annual growth in dwelling rents since January 2009. 19 Jul 2021
Mortgage serviceability cheaper than renting on over a third of Australian properties CoreLogic analysis suggests servicing a mortgage is now cheaper than paying rent on 36.3% of Australian properties, which is higher than the pre-COVID proportion of 33.9% reported in February last year. 15 Jul 2021
Preliminary auction clearance rate improves as volumes remain relatively steady over the week The combined capital city preliminary auction clearance rate improved as volumes remained relatively steady week-on-week. There were 2,121 capital city homes taken to auction over the week, returning a preliminary auction clearance rate of 76.4%. 12 Jul 2021
The housing market through pandemic lockdowns As the delta variant of COVID-19 spreads in Australia, and vaccination rates remain low, CoreLogic has released a comprehensive overview of housing market performance through lockdowns. 9 Jul 2021
RBA firm on cash rate, but other headwinds could slow property value growth At today’s monthly board meeting, the RBA held the official cash rate at 0.1%. Additionally, the RBA’s Term Funding Facility (TFF), which has been providing additional support for low mortgage rates, expired at the end of last month. With the expiry we could see additional upwards pressure on longer term... 6 Jul 2021
