Overall, the latest housing finance data is mirroring other indicators such as auction clearance rates and the CoreLogic Home Value Index, which highlight early signs of improved housing market conditions.
Sales of million dollar properties trending lower - largest fall in Sydney and Melbourne
CoreLogic has revealed sales of million dollar properties are trending lower, brought upon by a recent decline in values across the national housing market.
New research shows property listings are soaring in regional towns, but are they really?
While recent data shows property listings are soaring in regional towns and cities, percentage figures don't paint an accurate picture of the market, warns CEO of REINT, Quentin Kilian.
The 20% deposit and stamp duty required to buy a house in Sydney is $158,933, based on new CoreLogic data. That's equivalent to 20 years' worth of smashed avo.
The debate about housing affordability stepped up a notch on Thursday when CoreLogic revealed that its latest data shows Sydney property prices are on track to achieve growth of 19 per cent in the year to March.
Strong growth in the number of properties available for rent could mean population growth is increasingly housed in investment properties, says Cameron Kusher, head of research at CoreLogic.
With the current cycle in its 58th month, property price growth hit a new high in February, with prices rising 1.4 per cent to be up 11.7 per cent for the year.