Values rising in more than 80% of Australian house and unit markets - CoreLogic
Australia's housing market upswing has become more widespread, with four in five house and unit markets analysed nationally recording a rise in values over the past three months.
The HIA New Home Sales report is a monthly survey of the largest volume home builders in the five largest states and is a leading indicator of future detached home construction.
Combined capitals auction activity set to exceed 3,000 mark for second time this year
Capital city auction activity is set to exceed the 3,000 mark for just the second time this year, with 3,133 homes currently scheduled to go under the hammer across the combined capitals.
Melbourne-led recovery sees auction volumes across combined capitals rebound 32.5% - CoreLogic
After hosting a quieter auction market the week prior (2,023), a Melbourne-led recovery saw the number of auctions across the combined capitals rebound 32.5% last week.
John McGrath – Biggest migration surge in history impacting the market
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, we are definitely seeing the impact of increased migration and a return of foreign investors in the property market this Spring season.
Rate hike set to take heat out of housing market - CoreLogic
The decision to lift the cash rate by 25 basis points after four months of pauses is likely to disrupt confidence and take some further heat out of the housing market rebound.