After values fell almost 1%, the past two month have seen Brisbane housing values rising. The recent increase has pushed dwelling values to a new record high, although we are still seeing some divergence between Brisbane house and units in terms of growth. Unit values actually slipped 0.1% lower in October and remain 12% below…
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 posted its first monthly gain in housing values after five months of consistent falls. The October result was only slightly positive, up by 0.1% over the month, with house values driving the gains, rising half a pervent. Meanwhile, unit values continued to fall, down half a percent. Through the COVID period downturn, Sydney home…
Values were lower across Melbourne through October, the trend rate of decline has been easing since mid-September. With a drop of 0.2%, this was the smallest month on month fall in values since the COVID-19 related downturn commenced in April. Since the announcement in late September that private home inspections were once again permitted, new…
Adelaide’s housing market has moved from strength to strength over recent month, with home values reaching a new record high in October. Dwelling values were 1.2% higher in October and that was the largest monthly gain since early 2008, just before GFC induced correction. Relatively low housing prices, an effective flattening of the virus curve…
Perth’s housing market is back on a recovery trajectory, with home values posting a third straight month of rises. Values are 0.8% higher over the past three months, but that wasn’t enough to reverse the earlier 2.2% drop recorded through the early months of COVID. Housing market activity has been tracking higher, with CoreLogic’s estimate…
Following five months of consistent declines in residential property values, CoreLogic’s national home value index moved back into positive month-on-month growth through October, posting a 0.4% rise. The lift in home values was broad-based, with every capital city apart from Melbourne posting a rise in values over the month. Dwelling values increased by more than…
The decline in national rental values eased over the September quarter, down -0.2% from -0.5% over the June quarter. The improvement in the rate of decline of the broad figures can be attributed to a rise in regional market rents. Regional dwelling rental rates rose by 1.2% over the third quarter of 2020, after a…
Following five months of consistent declines in residential property values, CoreLogic’s national home value index moved back into positive month-on-month growth through October, posting a 0.4% rise. The lift in home values was broad-based, with every capital city apart from Melbourne posting a rise in values over the month. Over the month dwelling values increased…
The most recent edition of Corelogic’s Pain and Gain report analyses approximately property re-sale events over the June 2020 quarter to see who’s made money on their property sale and who has not. Over the June quarter, 8.8% of resales saw a nominal loss across Greater Sydney, suggesting the rate of profitable resales declined 1.4…
The most recent edition of Corelogic’s Pain and Gain report analyses approximately property re-sale events over the June 2020 quarter to see who’s made money on their property sale and who has not. The incidence of loss making sales across Brisbane increased to 14.3%, up from 13.1% in the June quarter. This was the highest…