Adelaide’s housing market has recently shown some weakness after a long run of steady and sustainable growth. CoreLogic has released their newest housing market update for April 2019. The March quarter saw dwelling values slide half a percent lower, however, local values remain almost one percent higher over the year. The March data showed Adelaide…
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
Perth has recorded a further reduction in dwelling values, with the market down 2.9% over the quarter, taking values 7.7% lower over the past twelve months and 18.1% lower since peaking in 2014. Core Logic has released their newest housing market update for April 2019. Looking at the difference in market conditions across the upper…
This month we are covering off on housing market trends through to the end of March, which shows a moderation in the rate of value decline, but a broadening in the geographic scope of weaker conditions. CoreLogic has released their newest housing market update for April 2019. Although the CoreLogic national hedonic index series trended…
The national weekly rents have risen by 1 per cent during the first three months of the year. Key Findings: Nationally, weekly rents increased by 1.0% over the first quarter of 2019 which was the strongest quarterly rental growth since rents increased by 1.1% over the same quarter in 2018. Capital city rents were 0.9%…
The CoreLogic March 2019 quarterly rental review shows that although rental growth is slowing, dwelling values are generally underperforming which is pushing gross rental yields higher from their historic lows. At the end of March 2019, gross rental yields nationally were recorded at 4.10%, up from 3.77% a year earlier and they are now the…
There’s no denying that buying a home is a big decision and yet you may be surprised by the number of people who are influenced by factors other than price, resale value and location. From the number of a house to a lick of new paint on the walls, it seems we are influenced by…
While the budget speech referenced housing a few times, in the sense that falling housing prices represent a downside risk to budget forecasts, there was in fact very little in the budget directly focussed on the housing sector. With the performance of the housing and household sector so critical to the Government achieving their forecasts…
The pace of declining property values has eased relative to the past four months, however, the market downturn has become geographically more widespread, with housing values lower across six of the eight capitals and five of the seven ‘rest of state’ markets over the month. Although the CoreLogic national hedonic index series trended lower in…
Australia’s national population is estimated to have increased by 109,057 persons over the quarter to be up 395,101 persons or 1.6% over the 12 months to September 2018 according to the latest Australian Bureau of Statistics (ABS) demographic arrivals and departures data release. While nationally the drivers of population growth are net overseas migration and…
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…
