Australian property market reaches $11 trillion in value - CoreLogic
Australia’s property market has reached a new milestone, with the total value of residential real estate climbing to $11 trillion for the first time, says CoreLogic Australia Economist Kaytlin Ezzy.
Capitals host busiest auction week since March - CoreLogic
With 2,387 auctions held over the week, last week was the busiest for homes going under the hammer since the week prior to Easter, when 3,519 auctions were held says CoreLogic Economist Kaytlin Ezzy.
Almost 30% of suburbs have seen values fall over the quarter - CoreLogic
In CoreLogic's Housing Chart Pack, the September ‘Chart of the Month' takes a granular look at value falls over the three months to August, with almost 30% of the 3,655 suburbs analysed across Australia in decline, says CoreLogic Economist Kaytlin Ezzy.
Policy reset required to build 1.2 million homes - HIA
While social and affordable housing is crucial for supporting with home ownership, a balanced approach that also boosts private market housing is essential to address Australia’s broader housing crisis, says HIA Managing Director, Jocelyn Martin.
“Various segments of the housing market are increasingly active, with lending to first-home buyers, owner occupiers, and investors increasing in the first half of 2024,” stated HIA Economist, Maurice Tapang.
John McGrath – Desire to buy property driving more SMSF set-ups
A rising number of Australians are setting up self-managed superannuation funds (SMSFs), and the opportunity to buy property appears to be a key driver of this trend says John McGrath.