Cameron Kusher is Corelogic RP Data’s senior research analyst. Cameron has a thorough understanding of the fundamentals such as demographics, trends & economics. Visit www.corelogic.com.au
Preliminary results show 59.1 per cent of homes sold at auction. There were 1,400 homes taken to auction across the combined capital cities this week, returning a preliminary auction clearance rate of 59.1 per cent, while last week, 1,324 auctions were held and the final clearance rate came in at 54 per cent. Over the…
The Reserve Bank (RBA) has kept official interest rates sitting at 1.5% ever since August 2016 which represents the longest period of cash rate stability on record. Although official interest rates haven’t moved over this period, investors who have been an increasing source of mortgage demand over recent years, have been incurring higher mortgage rates…
The first week of August sees just over 1,300 homes taken to auction across the combined capital cities. There were 1,316 homes taken to auction across the combined capital cities this week, returning a preliminary auction clearance rate of 56.2 per cent. Auction volumes were down from last week when 1,536 auctions were held, however…
In the CoreLogic Property Pulse we look at the overall dwelling values decline across the nation and measures it against inflation-adjusted (or real) dwelling value changes to the June 2018 quarter. Over the 12 months to June 2018, nominal dwelling values fell by – 0.8% while in real terms, considering inflation was up 2.1% over…
Over the past decade there has been a significant change in house and unit values throughout each of Australia’s largest sub-state regions (best known as SA4). Our findings found that over the 10 years to June 2018, national dwelling values have increased by a cumulative 43.9% with the combined capital cities recording an increase of…
In previous instances when value growth has slowed or started to fall in Sydney and Melbourne the experience has often been that value growth has ramped-up in other capital cities. This makes sense given that as affordability deteriorates in certain areas of the country people start to turn their attention elsewhere. This week’s blog takes…
The final week of July returns a preliminary auction clearance rate of 58.4 per cent across the combined capital cities. The final week of July saw 1,534 homes taken to auction across the combined capital cities, returning a preliminary auction clearance rate of 58.4 per cent. Last week, the final auction clearance rate came in…
Here’s a look at the current property listings status around Australia. While capital city dwelling values may well be falling, the market is responding with fewer new listings. However, total listings remain elevated compared to other recent years when housing conditions were much stronger. For this analysis, the research looks at listings across each of…
In previous instances when value growth has slowed or started to fall in Sydney and Melbourne the experience has often been that value growth has ramped-up in other capital cities. This makes sense given that as affordability deteriorates in certain areas of the country people start to turn their attention elsewhere. Here’s a look at the…
Auction volumes remain low week-on-week while the preliminary clearance rate improves across the combined capital cities. Auction volumes increased slightly over the week with 1,246 homes taken to auction across the combined capital cities, up from 1,178 last week. The preliminary clearance rate was recorded at 60.6 per cent this week, after finalised clearance rates…
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