Search Results for: Corelogic
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AI Tips and Tricks
Make your market updates more valuable (in less time)
Anyone can rattle off market stats. What your clients really want is your take—what the numbers mean for them, their home, and their next move. Here is a simple, time-saving prompts to write market updates people actually read—and maybe even reply to.
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INDUSTRY NEWS
Sydney has the most unaffordable electorates
Sydney dominates the nation's housing affordability crisis, with 12 of Australia's 20 most unaffordable electorates located in the harbour city,
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Movers and Shakers
Craig Gillard opens third LJ Hooker office in Queensland
Longstanding LJ Hooker Principal Craig Gillard has expanded his network with the opening of LJ Hooker Caboolture | Morayfield, his third office in Queensland.
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Movers and Shakers
McGrath expands with new Coolum office on Sunshine Coast
Longstanding McGrath Principals Chris Pace and Damien Michael have opened a new office in Coolum, expanding their presence in one of the world's hottest housing markets.
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INDUSTRY NEWS
Easter break sees auction volumes plummet nationwide
Auction volumes dropped dramatically across Australia's capital cities due to the Easter holiday period, with scheduled auctions down 78.1 per cent compared to the previous week.
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INDUSTRY NEWS
Australian home values spike 39 per cent over five years
National home values have climbed 39.1 per cent over the past five years, adding approximately $230,000 to the median dwelling value despite falling short of previous boom periods.
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INDUSTRY NEWS
Could Brisbane overtake Sydney in house prices by 2029?
Brisbane’s property market is experiencing rapid growth — and some are now daring to ask the question: could it actually outpace Sydney in median dwelling prices within the next five years?
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INDUSTRY NEWS
Easter-ANZAC holiday period creates prime selling window for vendors
The rare alignment of Easter and ANZAC Day within a single week this year presents an exceptional opportunity for vendors to attract serious buyers.
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INDUSTRY NEWS
Rate wars could see borrowers opt for longer fixed terms
New Zealand borrowers may soon shift away from short-term fixed mortgages as banks engage in "rate wars" offering lower 2-3 year fixed rates.
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INDUSTRY NEWS
Big wins for home sellers, but unit owners feel the pinch
Australian home sellers achieved record-breaking profits in the December 2024 quarter, with a median nominal gain of $306,000, according to CoreLogic's latest Pain & Gain report.
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INDUSTRY NEWS
Five years on: COVID-19’s lasting impact on Australia’s housing market
Five years after COVID-19 was declared a global pandemic, its influence on Australia’s housing market remains strong, with national home values rising 38.4% since March 2020.
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INDUSTRY NEWS
High-end property markets signal broader recovery ahead
Australia's premium property markets are showing strong signs of recovery, potentially signaling a broader market turnaround according to recent data.
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INDUSTRY NEWS
New Zealand property values show signs of recovery
Property values in New Zealand have returned to growth, signaling the end of 2024's mini downturn and suggesting modest growth ahead for 2025.
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INDUSTRY NEWS
Housing market rebounds as prices rise
After three months of decline, Australian home values increased by 0.3% in February, marking a reversal in the short-lived downturn, according to CoreLogic’s Home Value Index.
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INDUSTRY NEWS
Regional markets show strength as capital cities slow
Regional property markets are showing remarkable resilience while capital cities face declining prices.
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INDUSTRY NEWS
Regional property markets show strength as capital cities decline
Regional property markets are showing remarkable resilience, with values continuing to outperform capital cities amid challenging market conditions.
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INDUSTRY NEWS
Premium markets poised for strongest gains as rate cuts near
Australia's premium property markets are expected to see the largest value increases when interest rates begin to fall, with new research indicating substantial growth potential across the housing sector.
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INDUSTRY NEWS
Agents are optimistic about house price growth in 2025
The majority of real estate professionals are predicting house prices will increase in 2025, with improved affordability and potential interest rate cuts driving market confidence.
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FRANCHISE NEWS
Nigel Mukhi rejoins McGrath to open a new McMahons Point office
McGrath Estate Agents have signalled their further focus on the group’s expansion across Sydney’s Lower North Shore with the opening of McGrath McMahons Point.
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INDUSTRY NEWS
Land prices surge past inflation and construction costs
National land prices have hit record highs, outpacing both consumer inflation and building costs as supply constraints continue to challenge the housing market.
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INDUSTRY NEWS
Property slowdown gives NZ buyers the upper hand
New Zealand's property market continues to experience a slowdown, with national property values falling nearly 18 per cent from their post-COVID peak, creating great conditions for buyers.
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Movers and Shakers
Luke and Jesse McPhee lead Belle Property’s Mermaid Beach expansion
Father-son duo Luke and Jesse McPhee have been appointed to lead Belle Property's new Mermaid Beach office on the Gold Coast.
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INDUSTRY NEWS
Rental growth “well and truly passed the peak”
The Australian rental market is showing clear signs of cooling, with national rental growth dropping to just 4.8 per cent in 2024, down significantly from 8.1 per cent in 2023.
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INDUSTRY NEWS
How climate risks are reshaping real estate
The increasing frequency of natural disasters, driven by climate change, is reshaping real estate markets in the United States and Australia.
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INDUSTRY NEWS
National home values record first decline in almost two years
After peaking in October and holding steady in November, the December dip also pulled the quarterly change into negative territory, marking a -0.1% drop. This small decline brings an end to a robust period of growth that lasted from February 2023 to October 2024—a period defined by high interest rates, cost-of-living pressures, and reduced borrowing capacity. CoreLogic’s research director, Tim…
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FRANCHISE NEWS
Mitchy Koper and Matthew Bell join Oliver Hume
Property services and funds management group Oliver Hume has expanded and enhanced its marketing and research teams with the appointments of Mitchy Koper and Matthew Bell.
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INDUSTRY NEWS
Victorian tourist town sees surge in property listings but no rentals
The popular Victorian tourist town of Bright is experiencing a big surge in property listings, with 100 homes currently on the market, despite still being in the grips of a housing crisis.
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INDUSTRY NEWS
Regional divides increase in 2024
The property market is experiencing differences in growth across the country, with some areas showing strong gains while others face declining prices.
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Elite Agent
The New Property Premium: Why Environmental Performance Is Becoming a Core Value Driver
For years, we've discussed environmental sustainability in real estate as though it were optional – a "nice to have" rather than a "need to have." That era is over.
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INDUSTRY NEWS
Blue chip New Zealand property outperforms
New Zealand’s high-end properties and certain regional areas are showing strength and outpacing much of the broader market, according to new data.
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INDUSTRY NEWS
Perth steals the show in a year of resilience
Despite fluctuating interest rates and affordability pressures, Australia’s housing market recorded an 8% increase in sales, reaching 528,000 transactions nationally.
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INDUSTRY NEWS
RBA leaves rates on hold with inflation still “too high”
There’s no relief for mortgage holders just yet, with the Reserve Bank of Australia leaving the official cash rate unchanged at the December meeting.
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Real Estate News
Energy Ratings gap reveals new selling point for modern homes
Modern homes built after 2010 achieve nearly double the energy efficiency rating of older properties.
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INDUSTRY NEWS
Capital cities could accommodate three million new homes
New research has identified the potential for more than three million additional strata units to be built across Australia's major cities, offering a potential solution to the housing crisis.
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