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
The combined effect of low rental yields and declining dwelling values has resulted in a rapid reduction in overall returns from housing over the past year. The CoreLogic Total Returns Index is similar to the ASX200 Accumulation Index in that it measures overall housing market returns. To do this it measures annual value changes along…
Housing finance data for June 2018 was released earlier this week by the Australian Bureau of Statistics (ABS). The data showed a continuation of the slowing of demand for housing finance with the slowdown being largely driven by investors. In June 2018 the total value of housing finance commitments was recorded at $31.2 billion…
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…
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…
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…
The CoreLogic Property Pulse delivers analysis on the significant change in house and unit values during the past decade markets throughout each of Australia’s largest sub-state regions (best known as SA4). 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…
Dwelling values are falling and fewer transactions are occurring across the housing market which should create alarms for market participants such as agent, lenders, state governments and brokers that are reliant on housing turnover. Despite dwelling values having only recently started to fall, the number of settled transactions in the housing market has been trending…
Here’s a look at the performance of dwelling values across the most populous coastal housing markets nationwide. While overall regional housing markets have recorded greater value growth over the past year (+2.2%) than the combined capital cities (-1.6%), value growth in regional markets is slowing. This is particularly apparent across some of the more populous coastal…
Earlier last week the Australian Bureau of Statistics (ABS) released their building activity data for the March 2018 quarter. The release includes data on dwelling commencements, dwelling completions, dwellings under construction and dwellings that are approved for construction but not yet commenced. Dwelling commencements Based on seasonally adjusted data there were 57,112 dwelling commencements nationally…
