Auction volumes hold steady week-on-week across the combined capitals - Corelogic
There are 1,980 capital city homes currently scheduled for auction, similar to last week (1,985) although up from this time last year when 1,708 auctions were held.
Sydney, Brisbane and Adelaide markets top chart for highest annual dollar value growth - CoreLogic
CoreLogic Head of Research Eliza Owen said some of the best value markets have floated to the top of the league tables when it comes to percentage capital growth.
Solid bounce back in preliminary clearance rate to 75.9% - CoreLogic
The preliminary combined capitals clearance rate recorded a solid bounce last week, rising to 75.9% from 71.1% the previous week (revised down to 64.8% once finalised which was the lowest auction clearance rate so far this year excluding the volatility from early-to-mid January).
John McGrath – Get ready for post-holiday listings surge
We see a backlog of new sales campaigns being launched in the first week back after school holidays. The backlog is created by agents delaying the commencement of campaigns until after the school break.
Savvy buyers looking to take advantage of window of opportunity between autumn’s public holidays - Raine & Horne
Angus Raine, Executive Chairman of Raine & Horne, believes the real estate market in Australia presents a unique window of opportunity for homebuyers this autumn.
John McGrath – Demographic trends influencing housing prices
According to the Australian Bureau of Statistics (ABS), Australia’s population grew by 2.5% to 26.8 million over the 12 months to September 2023. That equated to a net annual increase of 659,800 people, and 548,800 of them were migrants.
CoreLogic Home Value Index rises 1.6% in March quarter, adding around $12k to dwelling values
CoreLogic's national Home Value Index (HVI) rose 0.6% in March, on par with February’s increase, taking the current upswing in housing values through its 14th straight month of growth says CoreLogic's research director, Tim Lawless.
Sales and profits lift as Australian property market regains momentum
The Australian property market continues to demonstrate sustained resilience, with the rate of profit-making sales and number of transactions increasing in the December quarter.
John McGrath – Capital growth now stronger for cheaper homes
Australian home values continue to trend higher this year, and despite an increase in the number of homes going to auction before the Easter holidays, the national preliminary clearance rate is holding up well at about 70%.
John McGrath – More Australian women own property than men
Over the past two decades, single career women have become an influential buying force in the property market, says John McGrath, Chief Executive Officer of McGrath Estate Agents.