Australian dwelling values fell 4.8% through 2018, marking the weakest housing market conditions since 2008. Housing market conditions ended the 2018 calendar year on a weak note, with the rate of decline consistently worsening over the year. National dwelling values were down 2.3% over the December quarter; the largest quarter on quarter decline since the…
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
Sydney housing market conditions continue to act as the primary on national housing values, with the market down 1.4% in November. Core Logic has released their newest housing market update for December 2018. This was the largest month on month fall since values fell 1.5% in May 2004 and Sydney`s downturn looks like it will…
Brisbane values have continues to hold reasonably firm, with dwelling values edging 0.1% higher over the month to be 0.3% higher over the year – essentially a flat market. Core Logic has released their newest housing market update for December 2018. The annual change in dwelling values has ranged from a 3.5% rise across the…
Melbourne dwelling values were down 1% in November, taking the cumulative decline to 5.8% since the market peaked one year ago. Core Logic has released their newest housing market update for December 2018. The decline in dwelling values is concentrated across the most expensive end of the market, with dwelling values down 9.9% over the…
Australian dwelling values continued to trend lower last month, with the CoreLogic hedonic home value index recording its weakest month-on-month change in dwelling values since the Global Financial Crisis. Core Logic has released their newest housing market update for December 2018. National dwelling values slipped 0.7% lower the month, led by larger falls in the…
Auction activity begins to wind down with 2,406 homes taken to auction across the combined capitals. There were 2,406 homes taken to auction over the week, down from both the previous week when 2,631 auctions were held, and this week last year when 2,890 auctions were held across the combined capital cities. Preliminary results show…
Auction activity quieter week-on-week with 2,614 homes taken to auction across the combined capitals. There were 2,614 homes taken to auction over the week, down from the previous week when 2,749 auctions were held, and lower than this week last year when 3,371 auctions were held across the combined capital cities. Preliminary results show a…
Week-on-week results show auction volumes remain steady, while the preliminary auction clearance rate rises. This week 2,742 homes were taken to auction across the combined capital cities, only slightly higher than the 2,701 auctions held last week. Auction volumes have started to trend higher over the last few weeks, as we traditionally see this time…
CoreLogic November hedonic home value index results confirms that national dwelling values slipped by 0.7% over the month, led by Sydney where the drop was double the national average. Headlining the November results, the CoreLogic hedonic home value index recorded its weakest month-on-month change in dwelling values since the Global Financial Crisis; national dwelling values…
Volumes rise over the week returning a preliminary clearance rate of 45.5 per cent across the combined capital cities. There were 2,753 homes taken to auction over the week, increasing from 2,386 over the previous week, although much lower than this week last year when 3,390 auctions were held across the combined capital cities. Preliminary…
