North Lakes takes team of the year at the 2019 Coronis annual awards
Coronis hosted their annual awards last weekend at Howard Smith Wharves, where they celebrated the company’s agents, property managers, mortgage brokers and support staff.
Residential construction costs outpace inflation - CoreLogic
New South Wales continues to record the highest residential costs increase, up 4.5% on an annual basis, while Western Australia has the lowest rate at 2.9%, according to the latest CoreLogic CHIP Report.
Shortage of land drives prices up, as land sales fall
Residential lot sales across Australia reached a record low of 7,236 in the March 2019 quarter, almost 50 per cent below the average of the past decade of 13,682.
Most people like to think important financial decisions rely on a logical interpretation of facts and figures. But I believe one of the biggest drivers in economics is, in truth, the swings
and roundabouts of human psychology.
CoreLogic Mapping the Market Report indicates decline in affordable housing "much less severe"
CoreLogic head of research Cameron Kusher said the geographical context of the housing market provides a relevant perspective on the performance of the housing market and the spatial distribution of housing values.
Mortgage Choice data shows fixed rate demand lowest in eight years
June approval data revealed that variable rate demand was highest in Victoria, where 86% of borrowers opted for this type of product. This was followed by South Australia (82%), Western Australia (79%), Queensland (77%) and NSW (76%).
House price expectations become positive, yet housing affordability remains a big issue
Respondents across NSW, VIC, QLD are predicting prices to go up, and more people in NT, TAS, NSW, and VIC are predicting prices will no longer fall, according to ME Quarterly Property Sentiment Report.
