With the Australian Bureau of Statistics releasing the Consumer Price Index for the December 2016 quarter recently, using the CoreLogic Home Value Index we can adjust changes in dwelling values for the effects of inflation.
The Australian Bureau of Statistics (ABS) released lending finance data earlier today and when it is paired with the earlier housing finance data release, the figures provide insight into the value of mortgage lending over the month in each state and territory.
Building Activity data for September 2016 was released earlier today by the Bureau of Statistics. While this is not one of the major economic releases each quarter, it does include a lot of really important data relating to housing construction.
According to the Australian Bureau of Statistics (ABS) November 2016 building approvals data there were 17,569 houses and units approved for construction across the country over the month. Based on the seasonally adjusted series, the number of dwelling approvals rose by 7.0% over the month due to a...
With the spring ‘selling season’ done and dusted and Christmas rapidly approaching, it is worthwhile having a look at how stock levels have tracked over the season and year relative to previous years.
The Australian Bureau of Statistics October dwelling approvals data likely marks a significant turning point for unit supply, with the latest numbers showing unit approvals have plunged to their lowest levels in 2 years. The October data showed unit approvals have consistently trended lower since reaching a...
The Australian Bureau of Statistics (ABS) released data on construction work done over the September 2016 quarter earlier this week. The data showed that the value of work done fell to its lowest level since December 2010. Over the September 2016 quarter, $46.1 billion worth of construction was completed.
We all know Spring as supposedly the best time to be bringing your home to the market. What is often forgotten is that if everyone acts in the same way looking to sell during Spring, there is a lot more competition amongst vendors and it can be more difficult to sell.
The September 2016 housing finance data was released earlier today by the Australian Bureau of Statistics (ABS). The data showed that there were $32.3 billion worth of housing finance commitments in September 2016 nationally which was the highest monthly value since June 2016.
Building approvals data for September 2016 was released earlier this week from the Australian Bureau of Statistics (ABS). In September, there were 18,945 dwellings approved for construction nationally which was the fewest monthly approvals since November 2015. Dwelling approvals fell by -8.7% over the month...
In the recently released Financial Stability Review (FSR) the Reserve Bank (RBA) talked about the supply risks surrounding the inner city apartment markets however, they did point to the fact that they see more potential risk in Melbourne and Brisbane.
Earlier this week, housing finance data for August 2016 was released by the Australian Bureau of Statistics (ABS). Over the month there was $31.4 billion worth of housing finance commitments which was -1.0% lower over the month and -5.1% lower than it was at its peak in April 2015.