The CoreLogic September home value index results saw the national index post the largest monthly gain since March 2017, largely driven by a strong rebound in Sydney and Melbourne where values were up 1.7% over the month.
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 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.
Australia and New Zealand have experienced significant natural disasters in recent years. The floods in Queensland, earthquakes in Christchurch and Kaikoura as well as bushfires in South Australia highlight just how vulnerable residents can be to...
The national housing market has just experienced its largest downturn in dwelling values since at least the 1980s. The fact that values nationally fell by less than 10% speaks to the ongoing strength of the housing market over the past 40 years...
This week, 1,320 capital city auctions are currently being tracked by CoreLogic, up from the 1,228 auctions held last week at final results.
CoreLogic’s vendor discounting data, which is based on a rolling three month median, shows that although discounting levels are no longer increasing, there is yet to be any noticeable improvement.
There were 1,221 homes taken to auction across the combined capital cities this week returning a preliminary clearance rate of 76.6 per cent, while the previous week saw 1,111 homes taken to auction returning a final clearance rate of 67.8 per cent.