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
According to the latest housing finance data released by the Australian Bureau of Statistics, demand from the investor segment increased slightly in June 2017 while owner occupier mortgage demand was steady over the month. In June 2017 there was $33.3 billion worth of housing finance commitments which was 0.8% higher than the previous month and…
CoreLogic confirmed that the proportion of settled sales exceeding $1 million has reached new record highs. Research shows that the cost of housing continued to rise across most parts of the country over the past 12 months. Bracket creep should come as no surprise in markets like Sydney and Melbourne where dwelling values have increased…
Analysis by CoreLogic on settled sales indicates that although transactions are lower over the year across the combined capital cities, the number of sales is beginning to stabilise. At a national level, the six month average trend shows that the number of dwelling sales is starting to trend slightly higher. Of note is that…
CoreLogic recently released the June 2017 Mapping the Market Report. The report looks at how the cost of housing has shifted across Australia’s capital cities by suburbs over the past five years by comparing thematic maps which show suburb median values. Over the five years to June 2017, there has been a significant decline in…
The consumer price index (CPI) for June 2017 showed that over the quarter headline inflation was recorded at 0.2% which took inflation to just 1.9% over the year to June 2017. Although annual headline CPI was temporarily within the Reserve Bank (RBA) target range of 2% to 3% over the March 2017, it has been…
Based on Census 2016 data, CoreLogic Property Pulse reviews where renting property is most common, and, of the 30.9 % of residential properties currently rented, who owns the lion’s share. The analysis shows the proportion of properties rented has been trending higher, increasing from 29.6% at the time of the 2011 Census and 27.2% at…
Statistics from CoreLogic looks at the quarterly auction results across our capital cities. Across the combined capital city auction markets, clearance rates fell to 71.7% over the June 2017 quarter, compared to 74.8% over the March quarter. Clearance rates fell on a quarterly basis across all capital city markets, with Sydney down -4.6 per…
CoreLogic data confirmed that the number of properties advertised for sale is now showing substantial differences between regional and capital city markets, as well as between individual capital cities. The number of properties being advertised for sale across the nation is much lower than it was a year ago. The listings data indicates that…
Research by CoreLogic confirmed that over the past 20 financial years, combined capital city dwelling values fell just twice. Over the last financial year (2016-2017), CoreLogic found that combined capital city dwelling values increased by 9.6% which was actually greater than the 8.3% rise over the 2015-16 financial year. Combined capital city dwelling values have…
With dwelling values rising at a faster pace than household incomes, housing affordability has worsened over the first quarter of 2017. CoreLogic measures housing affordability across four measures and three of these four measures have seen affordability deteriorate over the quarter. The four affordability measures that CoreLogic calculate are: Dwelling price to household income ratio…
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