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Residential Real Estate News

Will changes to JobSeeker impact the housing market?
The temporary supplement to JobSeeker payments in Australia are set to finish at the end of March 2021. The JobSeeker ‘coronavirus supplement’ was a temporary boost to new and existing recipients of welfare schemes in response to the onset of COVID-19 including JobSeeker, Youth Allowance, Austudy and the Parenting Payment.  

1 Mar 2021

Momentum builds across Australian housing markets as values rise at the fastest rate in seventeen years
Australian home values surged 2.1% higher in February; the largest month-on-month change in CoreLogic’s national home value index since August 2003. Spurred on by a combination of record low mortgage rates, improving economic conditions, government incentives and low advertised supply levels, Australia’s housing market is in the midst of a broad-based boom.

1 Mar 2021

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Auction Volumes Increase Week-On-Week Returning A Preliminary Clearance Rate of 66.9%
There were 3,409 homes taken to auction across the combined capital cities this week, returning a preliminary auction clearance rate of 66.9 per cent, overtaking last week as the third busiest week for auctions so far this year.
27 Nov 2017
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What Is Driving The Clearance Rate Weakness In Sydney & Melbourne?
Over recent weeks, auction clearance rates across the nation’s two largest housing markets (Sydney and Melbourne) have been significantly lower than they were 12 months ago. So whats driving the weakness in clearance rates?
27 Nov 2017
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What Is The Spread In The Cost Of Housing?
By looking at the values of the 10th and 90th percentiles of dwellings across the country we get a much better idea about the varying value of housing across the nation.
27 Nov 2017
Auction
National Auction Market Preview - 23 November 2017
This week, CoreLogic is currently tracking 3,208 auctions across the combined capital cities, the number of properties scheduled to go to auction this week is down only 5 per cent on last week’s final figures, which saw 3,390 auctions held across the cities, which was lower than the 3,398 auctions held one...
23 Nov 2017
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The State Of Leadership In Real Estate
The Real eState of Leadership Report delivers 44 pages of insights on how you can improve your leadership skills by identifying the role that key leadership behaviours and practices play in the financial success of real estate businesses.
20 Nov 2017
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Third Busiest Week For Auctions So Far This Year Returns Preliminary Clearance Rate of 65.4%
The combined capital cities returned a preliminary auction clearance rate of 65.4 per cent this week across 3,335 auctions making it the third busiest week for auctions so far this year, increasing from 62.8 per cent across 2,907 auctions last week
20 Nov 2017
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Living In An Apartment (The Right Apartment) Isn't So Bad
Recently, I did something that, ordinarily, you’re not supposed to do - my wife and I sold up our five bedroom house in the suburbs and with our dog, the three of us moved to a three bedroom apartment in the inner-city; the reactions have been somewhat interesting with some saying they wish they could bring...
20 Nov 2017
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National Auction Market Preview - 16 November 2017
Auction activity is expected to remain relatively steady this week, with 3,066 homes scheduled to go to auction across the combined capital cities, this is an increase of 5 per cent on last week’s final figures which saw 2,907 auctions held and slightly higher than volumes from one year ago (2,987).
15 Nov 2017
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Auction Clearance Rates Continue To Track Below 70%
This week, there were 2,894 auctions held across the combined capital cities returning a preliminary auction clearance rate of 66.5 per cent, increasing on last week when the final auction clearance rate fell to its lowest reading since early 2016, when 61.5 per cent of the 2,045 auctions cleared.
13 Nov 2017
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Non-Capital City Housing Markers A Real Mixed Bag
Earlier this month CoreLogic released their October 2017 home value index results, in this week’s Pulse we focus on what these results look like across the regional housing markets.
13 Nov 2017
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Investors Ease Back As Lending Conditions Tighten
The total value of housing finance commitments in September 2017 was $32.5 billion according to new data from the Australian Bureau of Statistics (ABS).
13 Nov 2017
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National Auction Market Preview - 10 November 2017
This week, the number of auctions scheduled to take place across the combined capital cities is expected to rise, with 2,714 currently being tracked by CoreLogic, increasing from the 2,046 auctions held last week and lower than results from one year ago (2,897).
10 Nov 2017
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Interest Rates Remain On Hold
A slowdown in housing market conditions has helped to alleviate some of the pressure to raise the cash rate
7 Nov 2017

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