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Residential Real Estate News

Australian housing values reach a new record high as values continue to rise across every broad region of the country
Housing values continued to rise through the first month of 2021 with CoreLogic's national home value index up 0.9% over the month.

1 Feb 2021

CoreLogic: Housing markets build momentum through the end of 2020, pointing to a strong start to 2021
Australia’s housing market finished the year on a strong footing with CoreLogic’s national home value index rising a further 1.0% in December; the third consecutive month-on-month rise following a -2.1% drop in dwelling values between April and September.

4 Jan 2021

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Preliminary auction clearance rate of 75.1 per cent across combined capital cities
This week, 2,065 auctions were held across the combined capital cities, down from 2,168 over the previous week. Of the 1,704 results collected so far, 75.1 per cent have reported a successful result, increasing on last week’s preliminary clearance rate of 73.9 per cent, which revised down to 70.6 per cent at...
7 Dec 2020
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State of the rental markets - Perth rent values soar 8.2% annually, while Melbourne rents continue to fall
CoreLogic November home value indices showed a second consecutive month of property value increases following a COVID-19-induced dip. For the first time since January, every capital city recorded a rise in dwelling values. This was off the back of accommodative monetary policy and fiscal policy, converging...
4 Dec 2020
National Auction Market Preview - 6 December
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.
3 Dec 2020
RBA now in ‘wait and see’ mode
The RBA remains in ‘wait and see’ mode as the earlier heavy lifting on monetary policy flows through to the Australian economy.
1 Dec 2020
CoreLogic November home value indices: Dwelling values rise across every capital city and rest-of-state region
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.
1 Dec 2020
Increased property data coverage across Australia
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.
30 Nov 2020
Slight increase in preliminary auction clearance rate across higher volumes
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...
30 Nov 2020
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Why didn’t the Australian housing market crash?
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%
30 Nov 2020
National Auction Market Preview - 29 November
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...
26 Nov 2020
Volumes rise across the combined capital cities and return a clearance rate of 73.6%
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.
23 Nov 2020
It’s a hat trick for Tassie: Launceston & North East holds position as top regional market for houses
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).
20 Nov 2020
A closer look at the new PropertyPRO
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.
20 Nov 2020
National Auction Market Preview - 22 November
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...
19 Nov 2020

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