Downturn eases but becomes more widespread - CoreLogic
The CoreLogic April 2019 Home Value Index results out today confirmed that the decline in home values has lost some momentum over recent months as falling values lose steam in Sydney and Melbourne.
Housing downturn loses some steam with CoreLogic House Value Index down 0.6% in March
CoreLogic hedonic home value index results released today reveal that the pace of declining property values has eased relative to the past four months, despite becoming geographically more widespread.
With the housing market weakening over the past few years, most capital cities have experienced dwelling value falls with a more significant correction experienced in Sydney, Melbourne, Perth and Darwin.
The price of land for new residential building has risen as demand falls away, according to the March 2019 edition of the HIA-CoreLogic Residential Land Report.
Australians think it's a good time to purchase property, despite thinking house prices will fall further, Westpac survey reveals
Westpac's monthly consumer sentiment survey reveals most Australians believe now is the best time to buy a house, despite thinking house prices will fall further still.
Louis Christopher: "Crash territory"? Low clearance rates prompt questions over state of market
SQM Research Louis Christopher says the housing slowdown is heading into "crash territory", but opinions vary among agents and property commentators who argue the decline is relatively "unremarkable".
Why vendors are tightly holding onto these Melbourne suburbs
Data from industry body the Real Estate Insitute of Victoria (REIV) reveals properties are being tightly held in inner Melbourne, as vendors wait out a period of sluggish growth.
Fastest rate of capital gain in Gold Coast hinterland
Antonia Mercorella of the Real Estate Institute of Queensland, Paul Arthur of Queensland Sotheby's International Realty, Petra Szydlowski of Belle property Robina, and Tim Lawless of CoreLogic discuss the Gold Coast hinterland property market.
First-home buyers concession a 'boon' in regional Melbourne
New data from the Real Estate Institute of Victoria (REIV) shows regional Melbourne is outstripping the inner city suburbs, partly thanks to the first-home buyers concession.
