Search Results for: Corelogic
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Real Estate News
Clearance rates begin to fall as auction volumes remain high
Auction volumes remain high with 3276 homes taken to auction across the combined capitals this week, resulting in a preliminary clearance rate of 76.1 per cent. CoreLogic has reported that continued high volume has led to a steady decline in the clearance rate over recent weeks, with the success rate trending lower since its peak of 83.2 per cent on…
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INDUSTRY NEWS
Bowling alleys and enormous spas feature in Victoria’s top house sales
If you’ve got a bit of spare time this weekend and want to see how the other half live then check out this list of 10 luxury Victorian homes that sold over the past 12 months.
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Real Estate News
Clearance rate slips below 80 per cent as auction volumes surge
This week again proved busy for auctions, with CoreLogic tracking 3524 auctions across the major capitals.
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INDUSTRY NEWS
New Zealand’s hot property market starting to slow down
New Zealand’s property market may see a mini bounce back in the final two months of 2021, but conditions for a sustained upswing are unlikely to materialise, according to an industry data provider.
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INDUSTRY NEWS
Residential land in high demand across Australia
Vacant land is one of the hottest commodities in residential real estate at the moment with some blocks increasing in value 45 per cent in just five months.Â
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INDUSTRY NEWS
Rental prices surge amid stock shortages and high demand
Australian rental prices have surged over the past 12 months, recording the fastest annual rise since 2008, new data has revealed.
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INDUSTRY NEWS
Fitzroy tops Melbourne’s most liveable suburbs list
Inner-city suburbs continues to top the list of most liveable in Melbourne according to new analysis.
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Elite Agent
Second busiest auction week of the year as 3033 properties go under the hammer
This week proved the second busiest auction week of the year, with CoreLogic reporting a preliminary clearance rate of 81 per cent after 3033 properties went to auction across the combined capitals.
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INDUSTRY NEWS
Rising rents push New Zealanders to buy
Signs that rental growth has accelerated sharply across New Zealand is leading many people to look at buying.
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INDUSTRY NEWS
Housing affordability pressures create pain for apartment upgraders
Upgraders are increasingly running into affordability constraints as house prices around the country continue to increase.
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INDUSTRY NEWS
Regional property prices continue to climb in Western Australia
House prices across regional Western Australia are continuing to gain momentum after a strong period of growth.
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INDUSTRY NEWS
Just 35 per cent of Aussies would buy property in the current market
Almost two thirds of Australians believe now isn’t the right time to buy property, according to new research by financial comparison site, Finder.
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INDUSTRY NEWS
Queensland named number one property investment location
A new report has highlighted Queensland as Australia’s number one property investment location.
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Real Estate News
Auction volumes rising as clearance rate tops 80 per cent
Auction volumes are continuing to increase, with CoreLogic reporting a preliminary clearance rate of 81.8 per cent after 2920 properties were taken to auction across the combined capitals.
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INDUSTRY NEWS
Auctions kick up a gear in busiest week in more than six months
This week is shaping up to be the busiest week for auctions since March, with more than 3000 properties set to go under the hammer across the nation – including the return of onsite auctions in Sydney. CoreLogic’s National Auction Market Preview shows 3096 auctions are booked across the combined capital cities for the week ending October 17, including 983…
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INDUSTRY NEWS
Property Vulnerability Index reveals NZ regions most at risk of downturn
The New Zealand property market has been one of the strongest in the world recently with house prices increasing 27.8 per cent in the past 12 months. However, the price increases have started to cause some issues with affordability and only last week the Reserve Bank of New Zealand (RBNZ) was the first major central bank to increase official interest…
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INDUSTRY NEWS
Over 80 per cent of auctions successful in all capitals
Every capital has reported a preliminary clearance rate of above 80 per cent this week as auction volumes rise across the country.
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INDUSTRY NEWS
Value of Australian housing market surpasses $9.1 trillion
The value of the Australian housing market has increased more than $1 trillion in the past five months, hitting a new record of more than $9.1 trillion in September.
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INDUSTRY NEWS
Industry leaders analyse what RBA decision means for real estate market
The Reserve Bank of Australia (RBA) has maintained its record low cash rate at 0.1 per cent, with real estate industry leaders predicting Australia’s hot housing market will start to even out a little in the coming months.
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Real Estate News
Busiest auction week since mid-July as Melbourne records its second highest clearance rate this year
CoreLogic has reported this was the busiest auction week since mid-July, with the preliminary clearance rate also on the rise and Melbourne returning its second highest initial success rate of the year.
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INDUSTRY NEWS
Perth house prices rose 18 per cent in the last 12 months
oreLogic has announced a revision of its Perth home value index, confirming the Western Australian capital has seen an increase of 18.1 per cent above in the past 12 months.
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INDUSTRY NEWS
Sydney sellers cash in with 97.6 per cent of housing resales selling for a profit in June
In Sydney over the June quarter, 97.6 per cent of houses sold for a nominal gain, the highest level since 1982, says CoreLogic
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NEW ZEALAND
New Zealand implements new rules to prevent investor deductions
New Zealand has continued its efforts to lower the skyrocketing housing market with new rules that will impact property investors. The new rule will prevent property investors in New Zealand from deducting mortgage interest from their taxable income and takes effect from 1 October, according to Reuters. Finance Minister Grant Robertson explained the change is part of a series of…
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INDUSTRY NEWS
18 – 29 year olds account for more than one-third of all first home buyers
Millennials and Generation-Z hold a significant proportion of the first home buyer market, despite rising property prices.
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INDUSTRY NEWS
Highest auction clearance rate since March
A sharp drop in the number of withdrawn auctions in Melbourne and Canberra has resulted in the highest auction clearance rate since March this year.
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National
Perth’s most affordable house prices compared to Melbourne and Sydney
Perth is known to be one of the most affordable cities in Australia to buy a house, but nothing makes this more evident than looking at the equivalent suburbs in pricier Sydney and Melbourne.
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Real Estate News
How millennials’ digital habits and home ownership trends have impacted the Australian property market
Millennials are a digitally savvy generation, going online to shop, socialise and work. So it is little surprise they would seek out digital alternatives in real estate, too.
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Real Estate News
Clearance rate improves across higher volumes
With one-on-one inspections now permitted in Melbourne, auction volumes have increased slightly this week while the combined capital preliminary clearance rate also edged higher to 74.6 per cent.
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SELLING + MARKETING PROPERTY
Top luxury sales across New South Wales
We’ve collated a stunning list of some of the most luxurious homes that have sold in NSW over the past 12 months.
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NEW ZEALAND
Housing affordability continues to rapidly decline in New Zealand
Record house price growth across NZ has led to rapidly declining affordability with little sign of easing, despite rising mortgage rates.Â
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Real Estate News
Auction volume and clearance rate enjoy slight increase
There has been a slight increase in auction volume this week as the preliminary clearance rate also took an upward turn.
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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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Real Estate News
Lower volumes lift the auction clearance rate
Auction volumes have dropped this week, but the clearance rate has risen, with 1535 properties taken to auction nationally, res
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INDUSTRY NEWS
How has the current housing market coped with lockdown compared to 2020?
The past year saw remarkable levels of adaption in the real estate sector, according to CoreLogic. But are we coping better than 2020?
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Real Estate News
National home prices continue to rise but housing boom is slowly losing steam
Affordability constraints, rather than lockdowns, have slowed but not halted the rise in property values, according to the latest report from CoreLogic.
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