Search Results for: Cameron Kusher

  • NEWS

    REA Group unveils national event series

    REA Group will bring thousands of its customers together at a unique new industry event series to be held in Melbourne, Sydney, Brisbane, Adelaide and Perth this year.  Prop20, to be held throughout March and April, will give agents, property managers, developers and marketing teams with access to leading industry experts, while allowing REA customers to build their own agenda. The event will offer tailored and relevant content for all attendees, …

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  • NEWS
    Elite Agent The News Source for Real Estate Professionals

    Cameron Kusher to lead REA’s economic research

    REA Group has appointed one of Australia’s most-respected and experienced property commentators Cameron Kusher to the newly-created role of Executive Director of Economic Research.  Mr Kusher joins REA from CoreLogic, where he spent more than 10 years, most recently as the Head of Research. REA Group CEO Owen Wilson said Mr Kusher would work alongside REA’s well-established and influential Chief Economist Nerida Conisbee, …

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  • NEWS

    Sales activity falls in all Australian regions: CoreLogic

    The latest CoreLogic Regional Report reveals challenging property market performance across Australia’s regions, with falling sales activity in the 12 months to February 2019. Commenting on the regional report findings, CoreLogic research analyst Cameron Kusher said: “The regional markets are taking their lead from the capital cities, with the annual rate of value growth winding down across most regions. While value growth is typically slowing, …

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  • INDUSTRY NEWS

    National auction clearance rates rise over March quarter

    Around half of all homes up for auction across Australia’s capital cities sold during the first quarter of 2019, says CoreLogic. The latest CoreLogic Quarterly Auction Market Review has highlighted a clearance rate of 49.9 per cent across the combined capitals, an increase of +6.6 percentage points on the December quarter results. “Auction volumes and clearance rates are mirroring the broader slowdown in property transaction and housing market conditions. …

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  • NEWS

    Rent yields across Australia rise over the first quarter of 2019: CoreLogic

    The first CoreLogic Quarterly Rental Review for 2019 has been released, with results showing a national increase in yields over the past three and 12 months. According to CoreLogic Research Analyst Cameron Kusher, gross rental yields for the first quarter are at 4.10 per cent compared to 3.95 per cent in the previous quarter and 3.77 per cent a year ago. …

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  • INDUSTRY NEWS

    CoreLogic reveals best performing suburbs for 2018

    CoreLogic has released their Best of the Best report for 2018, revealing the suburbs which performed best as the property market slowed. At a macro level, CoreLogic research analyst Cameron Kusher describes the property market conditions for 2018 as ‘slowing quite rapidly’. Digging beneath the surface, his analysis found that the market conditions are now somewhat of a mixed bag, and as diverse as ever. …

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  • INDUSTRY NEWS
    elite agent news room

    ANZ and CBA follow Westpac in home loan rate hike

    Following last week’s announcement from Westpac that they would be raising their variable home loan rates by 14 basis points, ANZ and the Commonwealth Bank have announced they will raise rates by 16 and 15 basis points respectively. “The latest interest rate hike from ANZ and the Commonwealth Bank comes as no surprise after Westpac opened the floodgates earlier. The big banks have been noticeably more strategic about the timing of their hikes this time around against the backdrop of the Banking Royal Commission. …

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  • INDUSTRY NEWS
    elite agent news room

    Rents still on the rise, but the pace has slowed

    According to the latest Quarterly Rental Review from CoreLogic, rents are still on the rise, but at a slower pace than they were 12 months ago. The June 2018 report tracks median rents across the capital cities and region for the second quarter of the year and shows a general slowdown in the rate of rental growth. Historically the second quarter of the year showcases slower rental growth than the first quarter; …

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  • INDUSTRY NEWS

    Rental rates climb over seasonally strong first quarter: CoreLogic

    CoreLogic has released its first Quarterly Rental Review for 2018, which tracks the median rental price of houses and units across Australian capital cities and regions. The quarterly report measures the percentage change in rental prices over the first quarter, which is typically the strongest for rental appreciation and growth, as well as over the past 12 months to March 2018. …

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  • INDUSTRY NEWS
    elite agent news room

    Property resales still show profit, despite cooling conditions

    Despite the slowing property market, nine out of 10 properties still sell at a profit to their vendors according to the new Corelogic Pain and Gain report for December quarter 2017. 91.1 per cent of all property that sold during the December quarter went for a price that was above the previous purchase price, up from 90.9 per cent the preview quarter. …

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  • EPM: Industry News

    National rents on the rise: CoreLogic Rent Review December quarter

    Property investors will welcome news from CoreLogic that although rental yields are flat, rental rates are on the rise. According to the latest CoreLogic Rental Report over the December quarter, all capital cities, excluding Canberra, achieved a stronger annual change in rents over the past year compared to the same period in 2016. Simultaneously, regional markets also earned a rental increase. …

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  • INDUSTRY NEWS

    CoreLogic Property Pulse: Non-capital city housing markers a real mixed bag

    Prepared by CoreLogic research analyst Cameron Kusher, while the research showed that dwelling values were flat in October, they fell by -0.1% over the quarter and were 4.9% higher over the past 12 months. The quarterly decline in values was the largest fall since the three months to October 2014 while the 4.9% annual change was the lowest annual change since February 2017. …

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  • SELLING + MARKETING PROPERTY

    4 Content Hacks for Property Professionals: Kylie Davis

    Content marketing is the new black in real estate and finance. Rather than interrupting thousands of people to boast about how great we are at selling and negotiating, content marketing provides useful information to a carefully targeted audience at the time that is right for them. While the old style focused on transactions, content marketing focuses on creating relationships. The new paradigm is about inviting people to engage and seeks to capture people’s intention rather than their attention. …

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  • INDUSTRY NEWS

    CoreLogic Property Pulse: Spring continues to see properties for sale climbing

    Typically, the number of properties advertised for sale in spring climbs as vendors look to take advantage of the warmer climate and improved weather. Research analyst Cameron Kusher noted that as housing market conditions transition, stock levels remain tight across the strongest markets but are rising in areas where housing market conditions are softening. For this analysis, Mr Kusher measured the amount of advertised stock on the market on a rolling 28-day basis. …

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  • INDUSTRY NEWS

    Construction surges, housing turnover falls and auction volumes soaring – CoreLogic Property Pulse

    CoreLogic research analyst Cameron Kusher paired annual settled sales data with dwelling counts over time to show that the proportion of total housing stock turnover on an annual basis. Mr Kusher’s analysis found that over the 12 months to September 2017, just 5.0% of the national housing stock transacted; the lowest proportion of stock-turnover since April 2012 when it was at a historic low of 4.9% of stock transacted. …

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  • INDUSTRY NEWS

    Core Logic Property Pulse: household debt and asset wealth growing at the same time

    Household debt and asset wealth is growing at the same time, according to RBA data analysed by CoreLogic. Household finance data released by the Reserve Bank (RBA) each quarter looks at the ratios of household debts and assets to disposable income. The latest RBA update shows that while households debt is growing, asset wealth is simultaneously increasing. According to the RBA, …

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  • National

    High income households more likely to be over-indebted than lower income households: CoreLogic Property Pulse

    High income households are less likely to be debt free and are more likely to be over-indebted than lower income households. This is the main insight from the 2015-16 household income and wealth survey conducted by the Australian Bureau of Statistics (ABS). The results, which includes household debt and over-indebtedness, considers a household to be over indebted if their debt is either three or more times their income, …

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  • INDUSTRY NEWS

    CoreLogic Property Pulse: Affordability deteriorating at affordable end of housing market

    Over the 12 months to August 2017, the most affordable 25% of residential properties nationally recorded value growth of 2.9% compared to growth of 8.0% across the middle 50% of suburbs, and 11.4% growth across the 25% of most expensive suburbs. According to analyst Cameron Kusher, across all market segments the national annual rate of value change has started to slow over recent months according to research analyst Cameron Kusher. …

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  • NEWS

    Where are the most popular places to retire in Australia: CoreLogic

    With only 2,904 residents, the small council area of Queenscliff on the Bellarine Peninsula in southern Victoria, recorded the highest proportion of retirees aged over 65 years (40.3%) according to the ABS data. The small council area of Quairading in Western Australia’s Wheat Belt region enjoyed the greatest house value growth over the year (+21.5%), followed by Shoalhaven in New South Wales (+15.3%). …

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  • NEWS

    CoreLogic Property Pulse 24 August: Housing turnover remains low

    Housing turnover remains low despite strong selling conditions in Sydney and Melbourne, according to latest CoreLogic data. CoreLogic data confirms  over the 12 months to May 2017 only 4.8 per cent of all houses nationally actually sold, highlighting just how little stock sells in a given 12-month period. Across house sales over the past 12 months, Tasmania recorded the highest proportion of stock turning over with 5.6 per cent of all houses in the state selling. …

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  • INDUSTRY NEWS

    CoreLogic Property Pulse: housing stock under $400k declines

    New research by CoreLogic shows properties in the $400,000 price bracket have declined. The research shows that across Australia, 31.2% of houses and 37.3% of units sold transacted for less than $400,000. By comparison, a year ago the proportions were recorded at 32.8% for houses and 38.6% for units. A decade ago, 62.4% of all house sales and 68.9% of unit sales were priced below $400,000. …

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  • NEWS

    CoreLogic Property Pulse and auctions 10 August 2017 – Million Dollar Sales at Record Levels

    Research by analyst Cameron Kusher shows that the cost of housing has continued to rise in most parts of the country over the past 12 months. He said, “Bracket creep should come as no surprise in markets like Sydney and Melbourne, where dwelling values have increased by 77 per cent and 61 per cent respectively over the past five years. “While Sydney and Melbourne dominated as the two capitals with the highest proportion of sales at at least $1 million, …

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  • INDUSTRY NEWS

    CoreLogic Property Pulse and auctions 27 July 2017 – renting on the rise and homeownership declining

    CoreLogic research analyst Cameron Kusher said analysis of recent Census results show the proportion of properties rented has been trending higher, increasing from 29.6% at the time of the 2011 Census and 27.2% at the time of the 2006 Census to reach 30.9% of all dwellings in 2016. “While the proportion of dwellings being rented is climbing, the proportion of properties owned outright has also been trending lower and the rate of home ownership is diminishing,” Mr Kusher said. …

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  • INDUSTRY NEWS

    New listings higher than year ago while total listings lower: CoreLogic

    The number of new listings is higher than a year ago but the total number of listings is lower, according to CoreLogic data. The number of properties advertised for sale is now showing substantial differences between regional and capital city markets, as well as between individual capital cities. Research analyst Cameron Kusher noted that comparing the capital city and national listing figures indicates that the number of new listings is being driven higher primarily by capital city markets, …

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  • NEWS

    CoreLogic Property Pulse: How did the housing market perform over the financial year?

    Research by CoreLogic has confirmed that over the past 20 financial years combined capital city dwelling values fell just twice. Over the last twelve months, CoreLogic found that combined capital city dwelling values increased by 9.6 per cent, which was actually greater than the 8.3 per cent rise over the 2015-16 financial year. According to research analyst Cameron Kusher, combined capital city dwelling values have now increased over five successive financial years. …

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  • NEWS

    Core Logic Weekly Wrap – Census Data and Housing Supply

    As our population continues to grow, so too does our need for more housing. The 2016 Census housing data shows an increase in housing stock between 2011 and 2016, and how the types of housing being built in capital cities have changed over those years. Despite being in the midst of a nationwide dwellings construction boom over recent years, the total volume of housing stock increased by a lower proportion in Brisbane, …

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  • INDUSTRY NEWS

    CoreLogic weekly wrap up – NSW and Victoria remain most popular states for migration

    Demographic data released this week from the Australian Bureau of Statistics (ABS) shows a rapid rate of population growth driven by migration.  Overseas and interstate migration remained the key drivers for population growth, in turn driving housing demand, according to CoreLogic research analyst Cameron Kusher. “Whereas natural increase removes older people and adds younger people, interstate migration and overseas immigration brings a new person or family to a region of the country and these people need to be housed,” he said. …

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  • NEWS

    Pain and Gain: The Best and Worst in the March Quarter

    According to the CoreLogic Pain & Gain March 2017 quarter report, nine out of 10 people (90.4%) who re-sold a property during the March 2017 quarter earned themselves a profit. Report Highlights 9.6% of dwellings sold for less than their previous purchase price over the first quarter of 2017. Proportion of dwellings selling for less than the previous purchase price was higher than 2016.- showing a downward trend in prices Houses continued to show a lower proportion of resales at a loss (8.1%) than units (13.3%) Biggest regional losses occurred in areas linked to mining and resource areas Regions outside but adjacent to Sydney seeing lower proportion of resales at a loss. …

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  • NEWS

    The Weekly Wrap: Auctions up but investor activity is dropping

    Investor interest in the housing market has started to drop off, according to CoreLogic research analyst Cameron Kusher. Housing finance and credit data released earlier this month by the Australian Bureau of Statistics (ABS) and Reserve Bank (RBA) show there has been a decline in investor activity, with mortgage lenders rationing credit to the investor segment and the lifting of mortgage rates starting to bite. …

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  • NEWS

    APRA Data shows easing of LVR Lending, CoreLogic

    CoreLogic research analyst Cameron Kusher comments on data released by APRA earlier the week showing LVR lending is easing up with a further slowdown expected. Data released by the Australian Prudential Regulation Authority (APRA) earlier this week has shown that high loan to value ratio (LVR) lending continues to fall indicating new buyers are in many instances using larger deposits. The latest authorised deposit-taking institution (ADI) property exposures data for the March 2017 quarter revealed the ongoing trend as a moderate pull-back in the share of new interest-only mortgage lending however, …

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  • INDUSTRY NEWS

    Tentative Signs of Pickup in Mining Regions

      There haven’t been many glimmers of hope for property owners in once-booming mining towns lately but an analysis released by CoreLogic yesterday may contain the first hints of an improvement since the end of the commodity boom. In its latest Property Pulse report CoreLogic found evidence of an uptick in sales volumes across a number of hard-hit mining areas and, …

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  • INDUSTRY NEWS

    Stock Levels Rise as Demand Slows

    Following years of frenetic activity in Australia’s hottest real estate markets, more signs are emerging that buyers might be ready to take a breather after CoreLogic reported stock levels are now outstripping demand in some cities. Months of Supply figures are used to predict how long it should take to clear volumes of stock currently on the market and found across all capital cities, …

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  • Elite Agent

    Are Governments becoming too reliant on property tax revenue?

    The growing reliance of state and local governments on fat property tax revenues generated by the eastern states’ property boom has prompted analysts at CoreLogic to issue a warning – it may be time to consider a more sustainable model. Research analyst Cameron Kusher said the latest ABS data showed property taxes now accounted for a record 52% of the total taxation revenue collected by state and local governments, …

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  • NEWS

    Australia’s fastest selling suburbs: CoreLogic

    Low interest rates coupled with higher levels of demand for housing has seen property sales in some areas take off faster than in others. Today in the CoreLogic Property Pulse, we take a look at the 10 suburbs in each state with the shortest median selling time for houses and units over the 12 months to January 2017. CoreLogic research analyst Cameron Kusher said that given mortgage rates have fallen over recent years, …

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  • INDUSTRY NEWS

    Superannuation won’t help first time buyers get into the Sydney & Melbourne: CoreLogic

    First-time home buyers expecting to use superannuation savings as a deposit for a property in either Sydney or Melbourne may find both cities way too pricey and would be still locked out from the housing market, CoreLogic research analyst Cameron Kusher has said. Broadcaster ABC recently crunched the numbers and showed that based on the average earnings for a 25 to 34-year-old, …

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