Search Results for: Tim Lawless
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OPINION
Tim Lawless: know your market and understand the stats
Australian consumers have grown to be exceptionally savvy when it comes to researching the property market. Not a day goes by when there isn’t an article in the local paper reporting some aspect of the property market, and information providers like CoreLogic make researching the local marketplace much easier for the average buyer, seller or investor.
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NEWS
Values Increasing Faster than Outstanding Debt: Tim Lawless
The number of properties mortgaged is climbing, however, values are increasing faster than outstanding debt, says CoreLogic’s Tim Lawless. Last week, the Australian Bureau of Statistics (ABS) released its residential property prices indexes for the March 2017 quarter. A valuable data set from the release relates to the value of dwelling stock and the number of residential dwellings. Both of…
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NEWS
Stamp Duty changes to affect buyer demand: Tim Lawless
The decision last week by the News South Wales Government Premier Gladys Berejiklian to provide first home buyers with a stamp duty exemption for properties with a price tag under $650,000 is likely to boost demand for this under-represented segment of the market, according to Tim Lawless. Based on recent Australian Bureau of Statistics (ABS) data, first home buyers comprised…
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NEWS
Overview of budget implications for housing and housing affordability: Tim Lawless
With so much debate about housing affordability it was always going to be the case that the 2017 budget included key policies aimed at improving the affordability of housing and addressing some of the systemic issues that have pushed housing prices out of reach for many Australians. At face value, the budget measures present a good attempt at improving housing…
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INDUSTRY NEWS
CoreLogic December 2016 Property Outlook: Tim Lawless
CoreLogic have released their property market outlook for December 2016 which includes valuable market insights from Head of Research Asia Pacific, Tim Lawless on the current trend of investment activity, growth values, affordability and interest rates heading into 2017. CAPITAL CITY PROPERTY VALUES UP BUT SLOWING Capital city property values increased by 0.2 per cent in November, according to the…
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INDUSTRY NEWS
December 2016 RBA decision: Tim Lawless, Core Logic
In response to the RBA’s decision to keep interest rates on hold, Tim Lawless, CoreLogic’s Head of Research, provides his expert commentary on the decision and what may lay ahead when they meet in February. Despite inflation tracking well below the target range of 2-3%, the RBA decided to keep the cash rate on hold at 1.5% today. “On one…
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Elite Agent
Trump: There is Nothing Certain But the Uncertain, says Tim Lawless
A new leader of the world’s largest superpower will always be accompanied by uncertainty, however the election of Donald Trump highlights (in the words of another Donald (Rumsfeld)) that “unknown unknowns” have been amplified. This means uncertainty. Trump is untested, unproven, and if the election campaign is anything to go by, spontaneous. While Trump’s acceptance speech seems to have calmed…
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INDUSTRY NEWS
Interest rates rise for the 11th time in this cycle
The Reserve Bank of Australia has increased interest rates for the 11th time in 12 months, lifting the cash rate 25 basis points to 3.85 per cent.
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INDUSTRY NEWS
Home Value Index rises for the first time in almost a year
CoreLogic's national Home Value Index (HVI) increased 0.6 per cent in March, marking the first month-on-month rise since April 2022.
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OPINION
Rental housing supply: why we’re in a perfect storm
I recently attended a very insightful session by Tim Lawless, the founder and research director of CoreLogic’s Asia-Pacific research division. I came away questioning why the market has changed so dramatically.
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INDUSTRY NEWS
Cash rate steady as housing remains ‘one of the few positive indicators’
CoreLogic Research Director Tim Lawless shared his reaction to the Reserve Bank of Australia maintaining their cash rate hold at 0.1 per cent.
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INDUSTRY NEWS
What the 2032 Olympic Games means for Brisbane’s property market
CoreLogic Asia Pacific research director Tim Lawless believes the 2032 Olympics should work as a positive influence on the Brisbane housing market.
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National
National Home Value Index hits a new high
Australia’s property market has experienced a V-shaped recovery, with the national Home Value Index hitting a new record.
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National
600,000 potential granny flat sites identified to help with housing crisis
More than 650,000 properties are suitable for the construction of granny flats across Australia’s three largest states, according to new research.
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INDUSTRY NEWS
Adelaide leads the way as Australian home values rise for eighth straight month
Home values have risen 0.8 per cent in September as the nation’s supply and demand imbalance pushes prices skyward.
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INDUSTRY NEWS
Property prices have bounced again in August
Spring selling season has arrived and property prices are continuing to heat up, with new data showing that values jumped 0.28 per cent in August.
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INDUSTRY NEWS
New listings on the rise, with more stock on the way
New listings are on the rise in Sydney and Melbourne, but the smaller capital cities could be about to see an influx of new stock according to new data.
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INDUSTRY NEWS
RE/MAX Australia’s RMX23 conference ignites inspiration for agents
Mindset coaches, futurists and real estate technicians gathered at RE/MAX Australia’s multi-day Conference, RMX23, recently to motivate and inspire the network's agents.
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INDUSTRY NEWS
RBA issues a reprieve and holds interest rates
Borrowers are breathing a sigh of relief today after the Reserve Bank of Australia (RBA) decided to leave the official cash rate on hold at 4.1 per cent.
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INDUSTRY NEWS
Property prices continue to defy rate hikes
National property prices keep on moving higher last month, despite the Reserve Bank of Australia (RBA) continuing to hike the cash rate.
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INDUSTRY NEWS
ACT and WA likely to see an uptick in listings
The ACT and Western Australia are likely to see the largest percentage of vendors listing their homes for sale in the coming months according to CoreLogic.
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INDUSTRY NEWS
Rate Hike? Aussie property market says ‘No problem’ as price rebound continues
The Reserve Bank’s decision to lift the cash rate in May has not dampened the nation’s house price rebound with both PropTrack and CoreLogic reporting strong growth for the past three months.
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INDUSTRY NEWS
Australian housing downturn has likely ended with positive growth trend emerging
Three of Australia’s leading real estate data providers have suggested the property market downturn is over.
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INDUSTRY NEWS
New listings suffer as sellers err on the side of caution
The seasonal uptick in property listings that usually occurs in the first half of March has been noticeably absent this year, with sellers having “erred on the side of caution” amidst declining property prices.
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INDUSTRY NEWS
Is the downturn over? Home values bounce back in February
Australia's property values increased slightly in February, according to PropTrack, while separate figures from CoreLogic also show the downturn losing steam.
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INDUSTRY NEWS
Pace of property value declines eased in January, new data shows
The rapid pace of property price declines appears to have slowed, with most capital cities recording only a moderate decline in values during January, new data from PropTrack shows.
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INDUSTRY NEWS
Auction action: What happened over the weekend and what’s in store for 2023
Auctions are back after the summer holiday break, although activity remains subdued in Australia's major cities.
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INDUSTRY NEWS
Construction costs show signs of easing after record increase
Residential construction costs rose by a record amount last year, new data shows, but signs of a slow down emerged in the latter months of 2022.
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INDUSTRY NEWS
2022 the worst year for property price drops since the GFC
December home price figures paint a mixed picture for a property market that came under intense pressure from rising interest rates during 2022, with some smaller capital cities still recording positive price growth despite a decline in national values not witnessed since the Global Financial Crisis.
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NEWS
The top 50 residential real estate influencers and innovators for 2022
There is rarely a dull day in real estate. From mergers and acquisitions, pivoting in a changing market and continued acceleration of PropTech, 2022 has been a year for the record books.
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National
Property values fall for seventh consecutive month
Property values have dropped more than $50,000 since their peak in April according to the latest CoreLogic Home Value Index.
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Mortgage rates nearing APRA’s mortgage serviceability buffer
The sharp rise in the official cash rate has seen mortgage rates pushing up towards the Australia Prudential Regulation Authority’s (APRA) mortgage serviceability buffer.
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Sydney property prices have fallen 10 per cent since February
Property prices in Sydney continue to feel the effects of the downturn, with new data showing values have now declined 10.1 per cent from their peak, according to CoreLogic.
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INDUSTRY NEWS
Could property prices return to pre-Covid levels?
National property prices would need to fall 16.7 per cent for values to be back at pre-Covid levels according to CoreLogic.
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NEWS
No end in sight for rising construction costs
There’s still no relief in sight for builders with construction costs continuing to rise at a record rate.
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