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.
John McGrath – Investors are back and looking further afield
Among the active buyers in today’s market is a rising number of investors says John McGrath, Chief Executive Officer of McGrath Estate Agents. New figures from the Australian Bureau of Statistics (ABS) show the value of investor loans has risen by 20.4% over the past 12 months in seasonally...
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.
Advice for Eastern States investors looking to purchase in WA
The WA property market has received an influx of Eastern States investors due to the strong rental market and the prospect of good yields and relatively affordable property, says Gabe Hagen from Realmark Urban.
Annual first home buyer activity up 13 per cent – 3 expert buying tips revealed
First home buyers are staking their claim on property markets around the nation once more with activity increasing by about 13 per cent in the past year, according to the Real Estate Buyers Agents Association of Australia (REBAA) President Melinda Jennison.
Auction market off to a strong start after 2023’s ‘year of two halves’
CoreLogic tracked 1,671 auctions last week, the second busiest start to the auction season on record. The preliminary clearance rate came in at 73.9%, which was the highest since the week ending August 20 last year and a clear jump on the end of 2023 which saw final clearance rates end sub-60%....
John McGrath – First home buyers are in the market despite peak interest rates
The latest lending figures from the Australian Bureau of Statistics show the number of loans written for first home buyers rose by 20.3% in seasonally adjusted terms over the 12 months to November 2023. A total of 10,395 first home loans were written that month, worth $5.25 billion.
REIQ asks Queensland Government and opposition to stop soaring insurance premiums in the Sunshine State as election looms
REIQ CEO Antonia Mercorella said Brisbane insurance premiums rose by 18.5 per cent for the year to December 2023, compared to rises of 13 per cent in Sydney and 15 per cent in Melbourne.
