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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 Fall Across the Combined Capitals
There were significantly fewer homes taken to auction across the combined capital cities this week, after last week saw volumes reach a year-to-date high (3,713).
6 Nov 2017
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September Dwelling Approvals Increase to Their Highest Level Since February 2017
Dwelling approvals have fallen from their highs of recent years and been fairly steady over recent months however, in September 2017 the number of dwellings approved for construction increased on the back of a jump in unit approvals.
6 Nov 2017
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National Auction Market Preview - 2 November 2017
This week, there are fewer auctions scheduled to take place across the combined capital cities, with 1,862 currently being tracked by CoreLogic, this is half the volume of auctions recorded last week when the combined capitals saw the highest volume of auctions recorded since late 2015 (3,713)
2 Nov 2017
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Auction Volumes Across the Combined Capital Cities Reach Their Highest Level Year-to-Date
Preliminary clearance rates hold firm as volumes across the combined capital cities reach their highest level year-to-date and Melbourne records its busiest auction week on record
30 Oct 2017
Auction
National Auction Market Preview - 27 October 2017
CoreLogic is currently tracking 2,276 auctions across the combined capital cities this week, down from 2,525 last week.
27 Oct 2017
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Preliminary Auction Clearance Rate Remains Below 70% While Activity Holds Firm
The combined capital cities returned a preliminary auction clearance rate of 69.4 per cent this week, marking the 21st consecutive week where the clearance rate has held below 70 per cent. 
23 Oct 2017
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First Home Buyers Bounce Back on Stamp Duty Concessions in Vic and NSW
The latest data from the Australian Bureau of Statistics (ABS) shows that there has been a rebound in owner occupier first home buyer housing finance commitments.
23 Oct 2017
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National Auction Market Preview - 20 October 2017
CoreLogic is currently tracking 2,276 auctions across the combined capital cities this week, down from 2,525 last week. Over the same week last year, 2,680 auctions were held.
20 Oct 2017
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Auction Clearance Rates Holding Firm, Buoyed by Stronger Results Across the Melbourne and Canberra Housing Markets
There were 2,497 auctions held across the combined capital cities this week, up from 2,318 last week. So far, 2,007 results have been reported to CoreLogic, returning a preliminary clearance rate of 70.6 per cent, increasing from last week when the final clearance rate slipped to 64.4 per cent, the lowest...
16 Oct 2017
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Pipeline of Housing Stock Has Peaked but Pending Supply Remains Well Above Long Term Average Levels
Building activity data for the June 2017 quarter was published by the Australian Bureau of Statistics. The data contains additional insight to the housing construction sector, tracking quarterly dwelling commencements, completions and counts of dwellings under construction.
16 Oct 2017
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Where Citizenship Rates are Highest & Lowest
The latest Census (2016) data reveals which regions of the country have the highest proportion of residents that are Australian citizens and the areas dominated by non-citizens.
16 Oct 2017
Auction
National Auction Market Preview - 12 October 2017
This week, CoreLogic is tracking just over 2,300 auctions across the combined capital cities, which is similar to last week when 2,318 auctions were held, but lower than this time last year, when 2,443 homes were taken to auction.
12 Oct 2017
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Volumes Bounce Higher But Clearance Rates Remain Below 70% Across Every Capital City Apart From Melbourne
Auction activity across the combined capital cities increased this week after last week’s grand final and public holiday slowdown. 
9 Oct 2017

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