Not every Australian housing market has performed the same way since the onset of the COVID-19 pandemic.
This week, auction volumes are expected to remain somewhat steady on both a week-on-week and year-on-year basis.
The combined capital city preliminary clearance rate improved across a lower volume of auctions this week.
On the 27th of July, the New South Wales government announced eligible first home buyers could access stamp duty exemptions on new home purchases worth up to $800,000. Based on housing market trends that emerged from the initial introduction of...
The final clearance rate for Melbourne over the week ending 19th of July was 43.8%. This has fallen from 51.2% in the previous week and the low 60% range over the prior three weeks.
There were 1,344 capital city homes taken to auction this week, with preliminary collection showing a success rate of 59.2%.
There are 1,392 homes scheduled for auction across the combined capital cities this week, increasing on the 1,176 auctions last week and higher than the 1,124 last year.
The ANZ CoreLogic Housing Affordability Report is a guide to the trends and main drivers of housing affordability across Australia.
There were 1,167 homes scheduled for auction across the combined capital cities this week, down from 1,269 over the previous week, although higher than this time last year (896).
An emerging narrative around regional dwelling markets is that they may see increased demand as a result of COVID-19. Historic migration data sheds some light on how people have moved around Australia, and highlight some mitigating factors to...
The number of homes scheduled for auction is expected to remain relatively steady week on week across the combined capital cities, with 1,209 auctions being tracked by CoreLogic this week.
With Melbourne returning to lockdown conditions amidst an acceleration in virus cases, it’s worthwhile looking back at the housing markets performance through the earlier lockdown period.
Thursday’s lending indicator data from the ABS shows the value of new finance commitments for the purchase of dwellings fell by a record 11.6% over May 2020. This is the largest single monthly drop in the 18 year series.
There were 1,202 homes scheduled for auction across the combined capital cities this week, similar to the previous week (1,224), although higher than this time last year (847).
There are 1,161 capital city auctions being tracked by CoreLogic this week, down from 1,224 auctions last week, but higher than this time last year when 847 homes were taken to auction.