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CoreLogic Economist Kaytlin Ezzy said these mixed results could be attributed to improved relative affordability across the regions, an increase in listing levels across the capitals, and a second wind in regional internal migration.
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CoreLogic’s Head of Research, Eliza Owen, said economic recovery in late 2024 has laid the groundwork for increased buyer activity in the year ahead.
By Eliza Owen, Head of Research, CoreLogic Australia.
By Eliza Owen, Head of Research at CoreLogic Australia.
Residential real estate continues to underpin Australia's wealth, estimated at a total value of $11.1 trillion.
By Caitlin Fono, Research Analyst, CoreLogic Australia.
This year's spring selling season proved less successful for sellers than last year's with overall sales volumes 4% lower than the historic average.
“The downturn is gathering momentum in Melbourne and Sydney,” said Tim Lawless, CoreLogic’s research director.
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