Tim is Research Director at Cotality (formerly CoreLogic), analysing real estate markets, demographics and economic trends across Australia. Visit www.corelogic.com.au
What has Coronavirus affected our finance markets? Prior to the onset of COVID-19, housing finance conditions were becoming more accommodative for potential buyers. This was enabled through: The repeal of temporary macro-prudential measures; The halving of the cash rate between June and October 2019; and, Declines in the typical mortgage serviceability assessment rate from 7.3%…
What’s going on in our property market in these uncertain times? How has COVID 19 affected us? That’s clearly important to know because the performance of the property market directly and indirectly impacts the livelihood and success of hundreds of thousands of Australian individuals and businesses. Property remains the largest asset class in Australia by…
The proportion of homes sold at a profit was rising late last year as the housing market rebounded from its slump, according to the latest Corelogic Pain and Gain report. But this was based on sales from before the coronavirus outbreak and things are very different now. Clearly real estate transaction volumes will continue fall…
