property market update

National Housing Market Update [video] | February 2019
0

It looks like the New Year has kicked off in a similar way that last year ended, with housing values broadly falling across most regions of Australia. Core Logic has released their newest housing market update for February 2019. National dwelling values were down 1.0% over the month, which was the thirteenth monthly fall over…

National Housing Market Update [Video] - August 2017
0

The July 2017 CoreLogic Home Value Index results recorded a 1.5% rise in dwelling values across the combined capital cities for the month.   Most individual capital cities recorded a rise, however, a 3.1% gain in Melbourne was a significant driver for the strong monthly result across the combined capitals.  The recent bounce in capital…

National Housing Market Update [Video] - July 2017
0

The CoreLogic Home Value Index recorded a recovery from the 1.1% fall in May, with a 1.8% rise in capital city dwelling values over the month of June.  This stronger month-on-month reading can be partially explained by the seasonality in the monthly growth rates. Adjusting for this effect suggests an easing trend in housing value…

Capital city dwelling values rise 0.8% over June quarter
0

Despite a seasonally strong result over the month of June, the CoreLogic Hedonic Home Value series shows that momentum of capital gains over the second quarter of 2017 is losing steam.  The CoreLogic Home Value Index recorded a recovery from the 1.1% fall in May, with a 1.8% rise in capital city dwelling values over…

National Housing Market Update [Video] - June 2017
0

Australia’s capital cities saw a cooling of housing market conditions over the seasonally weak month of May with the CoreLogic hedonic home value index reporting a -1.1% fall in dwelling values across the combined capitals.  The month-onmonth fall was largely the result of declines in Sydney and Melbourne, where dwelling values have recorded significant gains…

Swan dive over?
0

Respite for WA? Western Australia, which basically comprises the western third of the country, has been through a rough trot since the peak of the resources construction boom. And then in April the seasonally adjusted unemployment rate suddenly fell from 6.5 per cent to 5.9 per cent. Does this signal that the tentative beginning of…

National Housing Market Update [Video] - May 2017
0

The two hottest housing markets in the nation have shown signs of slowing down in April. The CoreLogic Hedonic Home Value Index recorded a rise of just 0.1% over April, the lowest month-on-month rise in capital city dwelling values since December 2015. The moderation in growth was due largely to a slightly negative April result…

The week that was in property
0

The Reserve Bank (RBA) held their monthly board meeting earlier this week and at the meeting they chose to keep official interest rates on hold at 1.5%. The key points of note from the statement following the meeting were: The economy is continuing its transition following the end of the mining investment boom. The unemployment…