Sydney home values slip in October as market cooldown continues - CoreLogic
CoreLogic’s national Home Value Index (HVI) recorded a 0.3% rise in October, the 21st month of growth since the cycle commenced in February last year, says CoreLogic’s research director Tim Lawless.
CoreLogic appoints Josh Symons as new Head of Real Estate Solutions
CoreLogic, leading provider of property research and technology solutions for real estate professionals, has reaffirmed its commitment to support the property industry by appointing respected industry professional Josh Symons to the role of Head of Real Estate Solutions.
Increasing demand and an undersupply of accommodation impacts affordability for Australian renters - CoreLogic
Released today, the ANZ CoreLogic Housing Affordability Report: reflections on the pandemic and the rental market unpacks the state of affordability in the Australian rental market and looks at the many ways in which the pandemic has influenced the supply and demand of rental accommodation.
Combined capital city preliminary clearance rate slips below 60% for the first time since late August - CoreLogic
According to CoreLogic's Caitlin Fono, there were 1,908 auctions held across the combined capital cities this week, down from 2,169 over the previous week and 3,546 this time last year.
January results surprise to the upside, as Sydney and Melbourne growth rates stabilise - CoreLogic
CoreLogic’s national measure of housing values rose by 1.1% in January, up 10 basis points from the December result, when the national index was up 1.0%.
Busiest auction week across the combined capitals in CoreLogic history
The volume of scheduled auctions is set to reach new highs across Sydney, Canberra and Adelaide this week, marking the busiest auction week for the combined capitals since CoreLogic records commenced in 2008. By Kaytlin Ezzy, Research Analyst at CoreLogic.
Detached home building to remain strong throughout 2022 - HIA
“Demand for new detached and multi-unit housing has remained strong, suggesting that the current boom in home building will be sustained throughout 2022,” stated HIA Chief Economist, Tim Reardon.
The HIA New Home Sales report – a monthly survey of the largest volume home builders in the five largest states – is a leading indicator of future detached home construction.
Cost of blocks of land rise twice as fast as building materials - HIA
“The cost of residential land has risen more than twice as fast as the cost of building materials over the past year,” said HIA Chief Economist, Tim Reardon.
