CoreLogic’s national Home Value Index surged 1.7% higher over the month and delivered the fifth consecutive monthly increase, coupled with the largest monthly gain in the national index since 2003. Since finding its trough in June earlier this year, the national dwelling value index has recovered by 4.7%. Although values are recovering rapidly, at a…
Articles by Tim Lawless
Tim heads up the Core Logic RP Data research and analytics team, analysing real estate markets, demographics and economic trends across Australia. Visit www.corelogic.com.au
The number of residential properties advertised for sale this spring has been lower than last year across every capital city due to both less fresh stock being added to the market together with a rise in buyer activity. The number of new listings added to the national housing market through November was up 56% from…
Nationally, dwelling values have risen at roughly the same pace as household incomes over the past decade providing a relatively steady ratio of dwelling values relative to household incomes. At the same time, mortgage rates have fallen to generational lows, leading to an improvement in loan serviceability. The decade ending in June 2019 has seen…
Sydney housing values were up 1.7% in October, marking the fifth straight month where values have risen. CoreLogic has released their newest housing market update for November 2019. Since bottoming out in May, Sydney home values have recovered 5.3% of the 14.9% correction. Despite the rise, Sydney dwelling values are tracking around the same level…
Brisbane home values recorded their fourth straight month of growth in October, rising 0.8% over the month to be 1.4% higher since finding a floor in June. CoreLogic has released their latest housing market update for November 2019. The rise in home value is occurring reasonably even across the Brisbane market, with top quartile values…
Melbourne overtook Sydney in October to show the most rapid housing market recovery trend. CoreLogic has released their newest housing market update for November 2019. Melbourne overtook Sydney in October to show the most rapid housing market recovery trend. Values were up 2.3% in October, which was the largest month on month change since late…
Adelaide recorded a 0.4% rise in housing values in October, the strongest month on month rise in almost two years. CoreLogic has released their latest housing market update for November 2019. It’s the value of Adelaide houses that has seen a lift in values, where values are up 0.1% over the past three months, while…
Since moving through a trough in May, the value of new owner occupier home loan commitments has increased by 17.3% through to the end of September and the value of investor loan commitments is up 8.4%. The latest ABS data on new housing credit showed a sharp rise in the value of home loan commitments,…
Perth home values were down 0.4% in October, continuing a market correction that has been running since mid-2014. CoreLogic has released their newest housing market update for November 2019. Although values are still falling, the trend rate of decline was the smallest in fourteen months and many of the underlying economic and demographic fundamentals are…
This month we are covering housing market conditions through to the end of October, as well as some focus on stronger housing credit flows and a rise in buyer activity amidst low advertised supply levels. Last month’s Home Value Index results reported a 1.2% rise in national dwelling values over the month, delivering the fourth…
