Articles by Tim Lawless

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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


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The Melbourne housing market recorded a 1% fall in values over the month, taking the annual decline to -9.1% and total decline since the market peaked to -9.6%. CoreLogic has released their newest housing market update for March 2019. Values are generally trending lower across all of Melbourne’s sub-regions, however detached houses are showing weaker conditions relative…

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The Adelaide housing market is living up to its steady reputation with values holding firm over the month and increasing by 1% over the past twelve months. CoreLogic has released their newest housing market update for March 2019. While this may seem like a weak result, compared to other capital cities, Adelaide has been one of the…

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Housing market conditions remain challenging across Perth, with the market remaining in an entrenched downturn since mid-2014. CoreLogic has released their newest housing market update for March 2019. Since peaking, Perth dwelling values are down almost 18%, with conditions weakening further over the second half of 2018 and into 2019. Local labour markets are continuing to…

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While Australia’s population continues to grow quite rapidly, the rate of growth has slowed. It was estimated that at the end of the June 2018 quarter, the national population was 24,992,369 persons. Australia’s population increased by 1.6% or 390,509 persons over the 12 months to June 2018. The 390,509 annual person increase in the national…

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Dwelling approvals are now trending lower for houses and units. In November 2018, 15,465 dwellings were approved for construction nationally which was the fewest monthly approvals since August 2013. Approvals fell by -9.1% over the month to be -32.8% lower year-on-year. After peaking in November 2017, the number of approvals in August 2018 was -32.8% lower….

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Decreased mortgage lending is slowing our property markets. The value of housing finance commitments is now in a clear downwards trend. In November 2018 there was $29.1 billion in housing finance commitments by Australian lenders. The total value of housing finance commitments fell by -2.5% over the month and was -13.1% lower year-on-year. The $29.1…