Gap widens between house and unit values - CoreLogic
Suburbs with the largest and smallest house premium revealed Underlying land value, scarcity factor and desire for more space through the pandemic has led to a substantially larger rise in house values relative to unit values over the past four years reveals, Tim Lawless CoreLogic research...
CoreLogic: 2,044 auctions held the highest volume of auctions so far this year
Demand from buyers has kept pace with the pick-up in activity, with the preliminary clearance rate coming in at 75.4%, down slightly from last week (76.2% which revised to 70.3% on final numbers), said CoreLogic research director, Tim Lawless.
CoreLogic Auctions | it looks like the year has started with a much better fit between buyer and seller pricing expectations
The Corelogic preliminary auction results and weekend market summary for 11 February 2024 revealed the capital city clearance rate rose to 76.2%, the highest preliminary clearance rate since the first week of June last year, said CoreLogic research director, Tim Lawless.
CoreLogic’s national Home Value Index (HVI) rose 8.1% in 2023, a significant turnaround from the -4.9% drop seen in 2022, but well below the 24.5% surge recorded in 2021.
