In 2020, it’s unlikely we’ll see such a rapid rise in capital gains as seen throughout the second half of 2019 despite the expectation that mortgage rates will move lower over the first half of the year; several factors are likely to act as counterweights to this stimulus. Housing values are expected to rise through…
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
Rental markets held reasonably firm in December with the national rental index up 0.1% over the month and 0.2% higher over the December quarter. On an annual basis, rents were only 1.2% higher nationally. Although rental growth remained sluggish over the year, conditions have picked up from 2018 when the annual growth in national rents…
Dwelling values rose by 1.1% over the month of December and by 4.0% over the quarter to finish out 2019 on a positive note according to the CoreLogic national home value index This result represents the fastest rate of national dwelling value growth over any three month period since November 2009. The premium markets experienced…
Dwelling values rose by 1.1% over the month of December and by 4.0% over the quarter to finish out 2019 on a positive note according to the CoreLogic national home value index. This result represents the fastest rate of national dwelling value growth over any three month period since November 2009. Darwin was the only…
2019 will go down as the year when new records were set. For 2020, we’re likely to see markets in recovery mode as housing prices catch up and then overtake their previous record highs, however we expect the rapid rate of capital gains seen over the second half of 2019 to lose steam as stock…
2019 will go down as the year when new records were set. For 2020, we’re likely to see markets in recovery mode as housing prices catch up and then overtake their previous record highs, however we expect the rapid rate of capital gains seen over the second half of 2019 to lose steam as stock…
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 December 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’s housing market saw dwelling values rise by eight-tenths of a percent in November, which is roughly equivalent to the monthly change in October. CoreLogic has released their latest housing market update for December 2019. Since finding a floor in June, Brisbane’s dwellings are up 2.2% with little difference separating houses and units where the…
Melbourne housing values were 2.2% higher over the month of November, taking values 8.3% higher since the market bottomed out in May earlier this year. CoreLogic has released their newest housing market update for December 2019. Melbourne home values are now only 3.7% below their October 2017 peak. At the current rate of growth, we…
The Australian Bureau of Statistics reports on housing prices quarterly using a stratified median methodology. This method is different to CoreLogic’s hedonic regression series; in simple terms, the stratification methodology measures price changes across a number of ‘strata’ or sub-regions before aggregating the data back to the capital city level. Generally the ABS and CoreLogic…
