Articles tagged with "Residential"

Since the onset of COVID-19, a prominent trend across the Australian dwelling market has been high demand for detached houses. This is reflected in price changes of houses and units since March last year, as stage 2 restrictions rolled out across...

CoreLogic’s Auction Market Review for the June quarter 2021 shows 31,605 homes were taken to auction across the combined capital cities in the three months to June 2021. These figures make it the busiest quarter for auctions since the December...

There were 1,849 homes taken to auction across the combined capital cities this week, down from the 2,153 originally expected earlier in the week with Melbourne, Sydney and Adelaide currently in lockdown. Over the previous week, 2,097 auctions were...

The Olympics should work as a positive influence on Brisbane housing market conditions, however, with the Games still some eleven years away, the flow on effects are likely to be gradual and centred around significant infrastructure upgrades and the...

In the 12 months to June 2021, annual rent increases were observed across 79 of the 88 SA4 markets analysed, ranging from a 0.2% rise in the North East and North West Melbourne rent markets, to a 23.7% increase in rent values across the South East...

The combined capital city preliminary auction clearance rate remained relatively steady week-on-week, despite the announcement earlier in the week that Sydney was extending the current lockdown and Melbourne was commencing a 5th lockdown. There were...

CoreLogic’s Rental Review for the June 2021 quarter takes national rental rates 6.6% higher over the year; the highest annual growth in dwelling rents since January 2009.

CoreLogic analysis suggests servicing a mortgage is now cheaper than paying rent on 36.3% of Australian properties, which is higher than the pre-COVID proportion of 33.9% reported in February last year.

The combined capital city preliminary auction clearance rate improved as volumes remained relatively steady week-on-week. There were 2,121 capital city homes taken to auction over the week, returning a preliminary auction clearance rate of 76.4%.

As the delta variant of COVID-19 spreads in Australia, and vaccination rates remain low, CoreLogic has released a comprehensive overview of housing market performance through lockdowns.

At today’s monthly board meeting, the RBA held the official cash rate at 0.1%. Additionally, the RBA’s Term Funding Facility (TFF), which has been providing additional support for low mortgage rates, expired at the end of last month. With the...

This week, 2,177 capital city homes went to auction, down on the 2,960 auctions held over the week prior. The lower volumes come about as the nation battles with multiple state lockdowns as uncertainty around COVID cases worsen. The lower...