Residential Real Estate News

With the cash rate likely to remain on hold for an extended period of time, attention is more focussed on other elements of the RBA’s monetary policy settings and their perspective on the economy, including housing market conditions.

CoreLogic’s national home value index recorded a 2.8% rise in March, the fastest rate of appreciation since October 1988 (3.2%).

There are 878 capital city homes set to go to auction over what will be the Easter weekend, which is higher than the week of Easter last year when 634 auctions took place. This week’s lower scheduled volumes comes off the back of the busiest week for auctions we have seen since March 2018 last week (3,840).

CoreLogic has released its quarterly ‘Pain and Gain’ report for the December quarter, which analyses the proportion of dwelling resales that made a nominal gain (or loss) relative to the previous purchase price. The latest analysis was based on 98,000 sales through the December quarter, where CoreLogic...

There were 3,791 homes taken to auction across the combined capital cities this week, the busiest auction week since the week ending 25th March 2018 when 3,990 capital city homes were taken to auction. In comparison, last week saw 2,710 auctions held across the combined capitals, while at the same time last...

This week we are expecting the third busiest week for auctions since CoreLogic started collecting auction data in 2008.

This edition of the Pain and Gain report analyses approximately 98,000 resales of residential property that took place in the three months to December 2020. The results show an increase in the profitability of Australian real estate, with 89.9% of transactions seeing a nominal gain for sellers.

There were 2,731 homes taken to auction across the combined capital cities this week, the busiest auction week since the first week of April last year when 3,209 capital city homes were taken to auction.

New data suggests changes to mortgage lending rules in the near future are unlikely, despite rapidly rising home values. Recent data from the Australian Prudential Regulation Authority (APRA) suggests that while the proportion of loan originations that could be ‘higher risk’ showed a slight increase through...

The combined capital cities are expected to see auction activity ramp up over the week, with a total of 2,743 properties set to go under the hammer. This week is set to be the busiest week our capital cities have seen since the first week of April last year (3,209). Last week, 2,218 capital city homes were...

Auction volumes rose across the combined capital cities this week, with 2,232 homes taken to auction; the second highest number of weekly auctions over the year-to-date.

Auction volumes are set to rise 2,240 capital city homes current scheduled to go under the hammer this week

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