With the release of the Consumer Price Index (CPI) data for the December 2017 quarter by the Australian Bureau of Statistics we take a look at real changes in dwelling values.
While dwelling values increased in 2017, there was a notable slowing of the market late in the year, culminating in national values falling by -0.3% over the final quarter of the year. This represented the largest (and first) quarterly fall in dwelling values since the three months to April 2016.
CoreLogic today released its January hedonic home value index results which, at a national level, revealed a fall of 0.3% for the month, led by a 0.9% fall in Sydney dwelling values.
The Tasmanian suburb of Chigwell has been ranked Australia’s top rental performer for the second quarter in a row in the latest Top Rental Performers Report from CoreLogic.
How did the commercial market perform throughout 2017? Commercial researcher Eliza Owen investigates.
Global data analytics provider CoreLogic has released its first Property Flipping Report, which provides a national analysis of properties that were ‘flipped’ (bought and re-sold within a short time frame with the purpose of making a profit) in 2017.
According to the CoreLogic December Hedonic Home Value Index results, national dwelling values slipped lower over the month, led by falls across Sydney, Darwin, Melbourne and Perth
The final week of auction reporting for 2017 returned a preliminary auction clearance rate of 64.2 per cent across the combined capital cities, increasing on last week when the final auction clearance rate fell below 60 per cent for the first time this year, when only 59.5 per cent of auctions cleared.
In this week’s Property Pulse we look at the change in dwelling values over the past year across the sub-regions of each capital city and examine how the performance compared to changes over the previous year and the average over the past five years.
At the end of the June 2017 quarter, Australia’s estimated resident population reached 24,598,933 persons; an increase of 1.6% over the year.
CoreLogic is currently tracking 2,666 scheduled auctions across the combined capital cities over the last week for auction reporting for 2017. This is lower than last week’s final results which saw 3,371 auctions held and also lower than the 2,735 held over the corresponding week last year.
This week across the combined capital cities, auction volumes remained high with 3,353 homes taken to auction returning a preliminary clearance rate of 63.1 per cent, increasing from last week when the final clearance rate across the capitals recorded the lowest not only this year, but the lowest reading...