Search Results for: Corelogic
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INDUSTRY NEWS
Preliminary clearance rate dips on the back of higher auction volumes
The preliminary clearance rate fell to its lowest rate of the year so far on the back of increased auction volumes this week.
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INDUSTRY NEWS
Rising property prices, low interest rates lead to record housing debt
Housing debt levels have hit a record high on the back of soaring property prices new data reveals.
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Real Estate News
Auction volumes top the 3000 mark
Auction volumes have again surpassed the 3000 mark, making this weekend the second busiest of the year so far.
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INDUSTRY NEWS
Property boom hasn’t helped owner-occupiers
Despite property prices rising at a rapid rate in the past two years, a leading economist said the house price boom hasn’t necessarily been a good thing for all owner-occupiers.
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Real Estate News
Auction volumes down by almost a third
Auction volumes have dropped by almost a third this week, but it is not recent flooding in Queensland and New South Wales that is the culprit but rather long weekends in four capitals.
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Thought Leaders Podcast
What tech, when?: Sarah Bell talks agent challenges, tech solutions, and how to find the right tools and support for your business
More productivity, greater efficiency…it’s the catch phrase of a real estate landscape increasingly turning to technology for leads, prospecting and communication.
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Real Estate News
How floods impacted this week’s auctions
Just days after floods impacted both south east Queensland and New South Wales, the first set of property market data is in, with auction clearance rates and withdrawals offering an insight into the impact of the recent severe weather.
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Real Estate News
Volume remains high, with almost 3000 properties taken to auction
Auction volumes fell slightly this week, with 2945 properties taken to auction across the combined capitals, resulting in a preliminary clearance rate of 72.7 per cent.
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FLOOD RESOURCES
Flood-affected housing markets could take years to recover
Property prices in flood ravaged East Coast markets could take years to recover according to new analysis.
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INDUSTRY NEWS
Perth house prices still the most affordable in the country
While house prices have been rapidly rising across the country, Perth values haven’t kept pace with the East Coast.
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INDUSTRY NEWS
The digital difference: how Openn sale generated $58,000 more
Two properties on the same street, with almost identical sizes, layouts, and features sold using different sales methods, with one seller walking away with $58,000 more in their pocket than the other.
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Real Estate News
Interest rates on hold as world watches war in Ukraine
The Reserve Bank of Australia is closely watching the war in Ukraine and has elected to keep interest rates on hold for now at 0.1 per cent.
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INDUSTRY NEWS
Sydney housing prices drop, Melbourne’s stall
Sydney housing values have fallen for the first time in 18 months, while Melbourne’s remain stalled, in the biggest sign yet the property market is levelling out.
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FRANCHISE NEWS
Rise in listings likely to slow price growth
The surge in new properties listed for sale is likely to continue until May, putting downward pressure on price growth according to a leading agency.
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Real Estate News
Record profits for NZ homeowners
Price growth in New Zealand might be slowing, but homeowners still have plenty to be happy about with the booming housing market leading to 99.3 per cent of properties being resold at a profit
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Real Estate News
The busiest February auction week on record
This week proved the busiest February auction week on record, with 3384 properties taken to auction across the combined capitals.
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INDUSTRY NEWS
NZ property prices to grow by less than 5 per cent
New Zealand property price growth is likely to dip below five per cent this year as rising interest rates start to bite according to an industry expert.
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INDUSTRY NEWS
Court case shows why agents and creatives must read the fine print
Engaging a photographer to enhance your listing is par for the course for most real estate agents, but what most don’t know is they could be risking copyright infringement.
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Real Estate News
Clearance rate steady as auction volumes continue to rise
Auction activity continued to increase this week, with volume up 20.7 per cent week-on-week and 36.2 per cent higher than the same time last year.
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INDUSTRY NEWS
The gap between house and unit values reaches a record high
Ongoing demand for more space has seen the difference in price between houses and units accelerate with the gap now at a record high.
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THE TRUSTED AGENT
The Trusted Agent Podcast: Joseph Rossi on data, differentiation, and tapping their power to become a top-performing agent
The way agents use and access property data has changed dramatically over the past few decades, and these days, data and technology are an integral part of the way agents both win new business and understand the market.
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Real Estate News
Tree-changers drive regional property prices, reduce selling times
More space, flexible working conditions and affordability is fuelling a surge in regional property values, as Australians flee the capital cities in search of a more relaxed style of living.
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Real Estate News
Auction volumes up 35 per cent, clearance rate also climbing
Auction volumes and the clearance rate continued to climb this week, with the number of auctions increasing 35.2 per cent while enjoying the highest success rate since late November last year.
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Real Estate News
Cost to build a home in New Zealand hits the hip pocket
The cost of building a house in New Zealand has jumped 6.1 per cent in the past year and could rise by 10 per cent or more in 2022, according to experts.
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INDUSTRY NEWS
Smaller capitals lead the auction volume increase
Auction volumes have continued to increase this week, with the smaller capitals leading the charge.
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INDUSTRY NEWS
Perth home values skyrocket as rental pressure eases
Perth property prices have skyrocketed in January, as rental market pressure eases
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Real Estate News
Property values start 2022 on the up
The typical Australian home is now worth $131,236 more than it was a year ago with values climbing in January, albeit at a much slower rate than the astronomical surge witnessed in 2021.
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OPINION
AiRE and CoreLogic – what now, what next?
At AiRE, I have had the opportunity to be a leader in one of the most innovative, agile, high-energy and fast growing teams, and there can be no surprise that the people raising RiTA have had their share of accolades, including innovation awards and being named in the top 5 Ai companies serving real estate globally. Why would a company…
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Real Estate News
Auction volumes and clearance rate on the rise
Auction volumes increased 166.1 per cent this week, with CoreLogic reporting 1160 properties were taken to auction in the combined capitals, resulting in a preliminary clearance rate of 74.1 per cent.
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INDUSTRY NEWS
New research reveals Australia’s cheapest rental market
Adelaide is the cheapest rental market in the country where renters will need to pay just $447 per week.
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Real Estate News
New auction year kicks off after record December quarter
As predicted, the 2022 auction year has kicked off early, with 448 properties taken to auction nationally this week.
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INDUSTRY NEWS
Profit making resales rise despite lockdowns
The rate of profit making resales continued to increase last quarter, overcoming widespread lockdowns in many areas of the country.
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INDUSTRY NEWS
Every New Zealand suburb grew in value in 2021
A new report has highlighted just how strong the New Zealand property market has been, with every suburb showing positive capital growth in the past 12 months.
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Real Estate News
Peak, peaked or peaking? How to read the current property market
Last year’s incredible house price growth drew plenty of media commentary, but there’s one big question many continue to ask: when will the market peak?
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Real Estate News
More than 1000 suburbs top $1 million mark
The median house value has hit $1 million or more in 1120 Australian suburbs, new analysis from CoreLogic shows. The data released today shows that more than 400 suburbs in Sydney have a median house value equal to or greater than $1 million, while there are 221 suburbs in Melbourne. CoreLogic Research Director Tim Lawless said a $1 million price…
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