Despite a range of factor supporting first home buyer demand, including grants, stamp duty exemptions and improved housing affordability, there is a strong chance first time buyer numbers will start to drift lower as housing prices rise and...
While the median, or 50th percentile, provides a reasonable indication of the ‘typical’ value of a property in an area, the 98th percentile provides a guide about the top two percent of the market based on value.
Despite rising home values in some cities and a lift in buyer numbers, the seasonal ramp up in fresh real estate listings has been mild relative to prior years.
After recording the largest losses during the recent housing market downturn, the premium end of Sydney and Melbourne’s housing market is driving the rebound in capital gains
There was a significant drop in the number of auctions across the combined capital cities this week, with 1,262 homes taken to auction, down on the 1,983 auctions held at final results last week.
Housing sales activity slumped during the housing downturn, however the recent trend shows turnover has levelled out as home values rise and mortgage rates reach the lowest level since the 1950’s.
The Australian Bureau of Statistics (ABS) recently published the March 2019 quarter demographic data. The data showed that at the end of the first quarter of 2019 the estimated residential population of the country was 25,287,394 persons, which was...
The latest quarterly property exposures data from APRA shows that authorised deposit-taking institutions (ADIs) are writing comparatively fewer risky loans although there has been a slight rise over the June 2019 quarter.
The latest housing finance data from the ABS is showing that demand for mortgages is rising and this rise is most evident in NSW and Vic where capital city dwelling values are now rising.
The number of homes taken to auction across the combined capital cities increased to 1,633 this week returning a preliminary clearance rate of 75.7 per cent.
The latest CoreLogic Quarterly Regional Market Update (June 2019), which tracks sales volumes and dwelling values across 11 of Australia’s regional hubs, shows that sales activity has fallen across all regions over the last 12 months.
There were 1,529 homes taken to auction across the combined capital cities this week, returning a preliminary clearance rate of 77 per cent. Over the previous week, auction volumes were slightly higher with 1,615 homes taken to auction, while the...
The SA4 index data shows some early signs of improving housing market conditions, largely in Sydney and Melbourne and largely in some of the areas in which values have recorded comparatively large falls.
The CoreLogic August home value index results showed that national dwelling values increased by 0.8% over the month; the first monthly increase in values since October 2017 and the largest monthly increase since April 2017.
The number of homes taken to auction across the combined capital cities increased to 1,412 this week returning a preliminary clearance rate of 79.6 per cent.