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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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Corelogic Survey Suggests Residential Landlords Have Been Inclined To Keep Rents Steady During The COVID-19 Pandemic
Plenty of data suggests certain rental markets have deteriorated amid the COVID-19 pandemic. CoreLogic data showed a 0.8% decline in national rent values from the end of March to the end of August, with more acute falls in the unit markets of Sydney and Melbourne, where rent values have fallen 4.2% and 4.4%...
14 Sep 2020
A Strong Result Across Sydney’s Auction Market Supports A Capital City Preliminary Clearance Rate Of 67.3 Per Cent While Activity Across Melbourne’s Auction Market Hibernates
This week, the combined capital city preliminary auction clearance rate held firm relative to last week across a lower volume of auctions.
14 Sep 2020
National Auction Market Preview - 13 September
There are 870 capital city auctions being tracked by CoreLogic this week, similar to last week when 866 auctions were held.
10 Sep 2020
Keeping perspective around mortgage risk and the ‘September cliff’
Housing finance data over the June quarter revealed subdued new lending for dwelling purchases, and a pivot toward refinancing of existing loans to help reduce housing costs.
10 Sep 2020
Preliminary Clearance Rate Remains Fairly Stable Week-on-week Despite Lower Auction Activity
This week, the combined capital city preliminary auction clearance rate was down only slightly across a lower volume of auctions.
7 Sep 2020
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How Will Stalled Net Overseas Migration Impact Housing Demand?
Recent forecasts from Treasury indicate annual population growth across Australia is set to slow from around 1.4% pre-COVID, to 0.6% through the 2020/21 financial year. In raw numbers, that implies Australia’s annual population growth will reduce from around 350,000 in 2019 to 154,000 over the year ending...
3 Sep 2020
National Auction Market Preview - 6 September
Auction activity is set to be lower across the combined capital cities this week as scheduled volumes plummet across Melbourne. 
2 Sep 2020
Cash rate remains at record low of 0.25%
The cash rate has remained at its record low setting of 0.25% since March 20th when the RBA announced a raft of monetary policies aimed at supporting liquidity and lowering funding costs.
1 Sep 2020
Australian Housing Values Record A Fourth Month Of Decline, Down 0.4% In August, With Trends Beginning To Diverge Across The Cities
Australian home values moved through a fourth month of COVID-induced falls, with the CoreLogic home value index recording a 0.4% fall in August.
1 Sep 2020
Strength In Sydney’s Auction Market While Melbourne Auction Activity Fades
This week, the combined capital city preliminary auction clearance rate improved across a higher volume of auctions.
31 Aug 2020
Suncorp Launches Renovation Calculator Powered by CoreLogic
A new renovation calculator launched by Suncorp, and powered by CoreLogic, is helping keen renovators to estimate the cost of home renovations, according to the room and renovation type being considered.
27 Aug 2020
CoreLogic Housing Finance Update
Housing finance data over the June quarter revealed subdued new lending for dwelling purchases, and a pivot toward refinancing of existing loans to help reduce housing costs.
27 Aug 2020
COVID-19 Creates An Unusual Start To The Spring Selling Season
A key takeaway from CoreLogic data amid the pandemic, is that transaction activity slows significantly in response to COVID-19 restrictions.
27 Aug 2020

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