Search Results for: Corelogic
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INDUSTRY NEWS
CoreLogic launches video for agents
Real estate agents can now quickly and easily create compelling video and social posts to share with customers with the launch of HomePrezzo through CoreLogic. HomePrezzo is a digital real estate marketing platform that promises to revolutionise the way agents engage with vendors and buyers. It delivers engaging templates that draw upon CoreLogic data so agents can easily create their…
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Sales Transform 2018
Sam Bevan Tops the Leaderboard in Transform 2018
Transform 2018 has been described as the ‘tough mudder’ of real estate training challenges: over the past 30 days our participants have attended live classes, completed a challenge per day, and worked with the best in the business on improving their careers. Participating this year there were more than 20 industry coaches and trainers, delivering more than 30 webinars and…
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INDUSTRY NEWS
May 2018: Interest rates on hold, Industry reaction
At its meeting yesterday (1st May 2018), the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for it’s 19th consecutive meeting. REA GROUP “More indicators are pointing to improving economic conditions and given how fast the US is growing, this will support our economy,” said REA Group’s Chief Economist, Nerida Conisbee. “The main thing…
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INDUSTRY NEWS
CoreLogic April Home Value Index: values record their first annual decline since November 2012 while regional dwelling values continue to edge higher
CoreLogic released its April home value index results which, at a national level, revealed a fall of 0.1% for the month, the seventh consecutive month-on-month fall since values started retreating in October last year. Similar to previous months, CoreLogic head of research Tim Lawless found that the declines were concentrated within the largest capitals, while regional dwelling values edged 0.4%…
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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…
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INDUSTRY NEWS
April 2018: Interest rates on hold, Industry reaction
At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent. “The housing markets in Sydney and Melbourne have slowed. Nationwide measures of housing prices are little changed over the past six months, with prices having recorded falls in some areas,” says RBA Governor Dr Philip Lowe. “In the eastern capital cities, a considerable additional…
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Real Estate News
NZME launches property portal OneRoof
OneRoof is a website providing property data and information to buyers, sellers, renters and homeowners. Running in beta since December, NZME is a part of a partnership between NZME and CoreLogic which aims to stop buyers in New Zealand using up to four resources to research potential properties. “Rather than traipse around three or more different sites trying to find…
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Elite Agent
No limits to real estate success in bush country: Troy Kearney
One of Century 21’s leading regional agents, Troy Kearney, believes that geography is no limitation for success in real estate. He shares his top tips for operating in the bush. Mr Kearney opened his office, Century 21 Bathurst Region, two years ago and during that short period achieved prestigious Double Centurion status, placing him amongst the top one per cent…
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INDUSTRY NEWS
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…
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FRANCHISE NEWS
New C21 website sees an explosion in growth
Launched in January, the new Century 21 website has seen a large (42.8 per cent) increase in unique users from January 14 to February 14 compared to the same period last year. Redesigned to enhance the experience for mobile users, the site also registered a 275 per cent increase in mobile users over the period. Charles Tarbey, Century 21 Chairman…
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Real Estate News
Di Jones recognises Top Achievers
Di Jones celebrated its outstanding performers on Saturday (24 February 2018) evening at the Di Jones Real Estate Annual Awards. The black-tie Gala Dinner saw team members across five offices come together to recognise their achievements in 11 categories includingBest New Talent, Excellence in the Community and Salesperson of the Year2017. Di Jones Real Estate CEO Rob Ward said the…
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Elite Agent
‘Not a buyers market just yet’: More auctions but a mixed outlook for Super Saturday
As “Super Saturday” warms up for 2018, one leading auctioneer is tipping that the previously hot Sydney sellers’ market is actually cooling in favour of buyers. Leading auctioneer, Damien Cooley of Cooley Auctions, says with his team set to put 108 homes under the hammer this Saturday, the significant weekend will set the tone for the year in real estate.…
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INDUSTRY NEWS
CoreLogic acquires UK tech company to bolster global operations
CoreLogic® (NYSE: CLGX), global property information, analytics and data-enabled solutions provider, has today announced the completion of the company’s acquisition of eTech Solutions Limited (eTech). Founded in 2005, eTech is the UK’s leading provider of innovative mobile surveying and workflow management software that enhances productivity and mitigates risk for participants in the UK property market. With more than 50% of…
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SUPPLIER NEWS
‘One-stop’ CRM software designed for real estate
The ctcProperty platform is offering agents a one-stop solution that includes mobility built into the full life cycle of a busy agent. It covers the selling process, incorporating among other things lead generation, property appraisal, marketing of listings, an inspection app, vendor reporting and sales trust, in a single user-friendly space. ctcProperty is a software platform designed specifically for the…
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Real Estate News
CoreLogic January 2018 Home Value Index: values fall across six of Australia’s eight capital cities
CoreLogic released its January hedonic home value index results which, at a national level, revealed a fall of 0.3% for the month, led by a 0.9% fall in Sydney dwelling values. The national combined dwellings index posted a modest 0.3% fall in January, taking dwelling values 0.7% lower since their recent peak in September last year. Dwelling value falls were…
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LEADERSHIP
Big data on track to drive big business in 2018: Lisa Claes
It’s in a fast-changing environment that data really gets the opportunity to shine, says CoreLogic CEO Lisa Claes, with the insights it generates having the potential to deliver true customer value. 2017 was a year of curveballs, contrasts and contradictions. The housing market has continued to deliver for sellers, with capital gains reaching their peak earlier in the first six…
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LEADERSHIP
Real Estate Survivor: The Property Tribe Pyramid
Real estate has always been tribal with the distinctive divides of the numerous exclusive pockets across Sydney. It’s the tribes which exist within each of these areas which unites buyers in a cross-tribal meeting-of-the-minds! With 2018 upon us we are now well acquainted with the ‘changing market’, the boom years of 2015 – early 2017 are yesterday’s hero and some…
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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
Nine in ten Australian properties are ‘flipped’ for a profit, says new CoreLogic report
Global data analytics provider CoreLogic has released its first Property Flipping Report, which provides a national analysis of properties that were ‘flipped’ (bought and re-sold within a short time frame with the purpose of making a profit) in 2017. The research measures flips within one year of purchase and within one to two years of purchase. It also tracks national…
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FRANCHISE NEWS
Raine & Horne opens for business in Townsville and Carlingford
Raine & Horne has launched an office in Townsville, led by experienced business partners Steve Leaumont and Sue Edmunds. Raine & Horne Townville is the fifteenth office opened by the brand in Queensland in the last 12 months. In the past month, Raine & Horne has also opened offices in Kilcoy and Brisbane. “Raine & Horne enjoys strong brand awareness…
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Real Estate News
Auction volumes decrease across the combined capital cities returning a 64.2 percent preliminary clearance rate
National auction clearance results for the week ending 17/12/2017 courtesy of CoreLogic. The number of homes taken to auction fell this week, after the surge in activity recorded over the 4 weeks prior when volumes remained consistently above the 3,000 level. There were a total of 2,865 auctions held this week, down on last week when 3,371 auctions where held across the…
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Real Estate News
Auction volumes continue to rise with Melbourne having the second busiest week this year
National auction clearance results for the week ending 10/12/2017 courtesy of CoreLogic. The lower weighted clearance rates of late can be attributed to the continual softening conditions across the two largest markets of Melbourne and Sydney, with clearance rates tracking below 70 percent across Melbourne for 5 consecutive week’s now (67.4 percent), however volumes across the city have been consistently higher; with…
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Thought Leaders Podcast
Episode 28: The real estate edition of the Census, Altman Brothers, connecting agents with voice recognition tech, resilience and more
Weekly wrap: Samantha McLean and Mark Edwards recap the week that was. ‘Elevate’ is the official podcast of Elite Agent Magazine for real estate industry sales professionals, property managers, and leaders. Each episode, we will bring you behind the scenes coaching, news analysis, exclusive interviews, technology, and more to help you list more, sell more, and elevate your results. To…
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Real Estate News
CoreLogic November Home Value Index: Values holding steady with Sydney trending lower and Perth bottoms out.
According to CoreLogic head of research Tim Lawless, a significant contributor to the downwards movement over the month came from the Sydney housing market, which recorded a 0.7% fall in dwelling values, while a fall in values was also recorded across Darwin and regional Northern Territory which were both down 0.4% over the month. For the remaining broad regions of…
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Real Estate News
Auction Volumes and Clearance rates steady in the first weekend of Summer with Canberra the standout performer
National auction clearance results for the week ending 03/12/2017 courtesy of CoreLogic. Over the same week last year, auction volumes were similar to this week (3,207), although the clearance rate was considerably higher at 72.3 percent. Across the two largest auction markets, Melbourne and Sydney, both cities saw an increase in the rate of clearance over the week, however the 66.0 percent…
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Elite Agent
Update Before You Innovate: Kylie Davis
People now spend nearly an hour a day on Facebook and social media, scrolling through posts and chatting on Messenger. This figure is up from 20 minutes a day back in 2015 and is a number Facebook is intent on increasing further. Kylie Davis therefore asks the question: Why do agents still invest so much time and money in outdated…
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Real Estate News
The number of properties taken to auction continues to rise in the last weekend of spring
National auction clearance results for the week ending 26/11/2017 courtesy of CoreLogic Last week, based on final results, 60.9 percent of the 3,390 auctions held recorded a successful result, the lowest clearance rate since late 2015/early 2016. Once final results are collected, the combined capital city clearance rate tends to revise down so at this stage it’s looking like the final clearance…
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Real Estate News
Third busiest auction week this year with combined preliminary clearance rate in the mid 60’s
National auction clearance results for the week ending 19/11/2017 courtesy of CoreLogic This time last year, 2,987 homes were taken to auction and a clearance rate of 74.4 percent was recorded. The final clearance rate has remained below 65 percent for the last 4 weeks and it’s likely that this will be the case again on Thursday when the final results are…
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Thought Leaders Podcast
Episode 20: How to Lead a Winning Team, the AREAs, the truth about cats and dogs and more
Weekly wrap: Samantha McLean and Mark Edwards recap the week that was. ‘Elevate’ is the official podcast of Elite Agent Magazine for real estate industry sales professionals, property managers, and leaders. Each episode, we will bring you behind the scenes coaching, news analysis, exclusive interviews, technology, and more to help you list more, sell more, and elevate your results. To…
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Real Estate News
CoreLogic Property Pulse: Are investors driving the current market slowdown?
He asks the question, “Is this occurrence a coincidence, or does this simply highlight just how reliant the housing market has become on demand from the investor segment?” The research results show that over the past five years dwelling values nationally have increased by 39.3 per cent, largely driven by Sydney and Melbourne where values have increased by a much…
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Real Estate News
Clearance rates remain below 70% for 5th consecutive month with volumes on par to last year
National auction clearance results for the week ending 12/11/2017 courtesy of CoreLogic Clearance rates have continued to track below 70 percent since June the year; this is a considerably softer trend than what was seen over the same period last year when clearance rates were tracking around the mid 70 percent range for most of the second half 2016.Results across each of…
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Thought Leaders Podcast
Episode 19: Rental searches, How to get property editorial, Better customer experiences, Productivity apps, Rethinking video + Sharks and more
Weekly wrap: Samantha McLean and Mark Edwards recap the week that was ‘Elevate’ is the official podcast of Elite Agent Magazine for real estate industry sales professionals, property managers, and leaders. Each episode, we will bring you behind the scenes coaching, news analysis, exclusive interviews, technology, and more to help you list more, sell more, and elevate your results. This…
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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…
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INDUSTRY NEWS
RBA leaves rates on hold in November meeting plus wrap up of industry commentary
Despite low inflation and weak wage growth, the decision comes as no surprise with some industry experts welcoming the decision. The RBA last changed its monetary policy settings in August 2016 when rates were edged down 0.25 percentage points to the current low of 1.5 per cent. “The Bank’s forecasts for growth in the Australian economy are largely unchanged,” RBA…
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OPINION
First timers homing in to opportunity: Andrew Cocks
There’s been a predictably mixed response to the release of CoreLogic figures showing another month of declines in Sydney house prices. From some there have been howls that the sky is falling, the boom turned to bust, and the imminent collapse of lives and livelihoods. But there is one group for whom the slow-down we had to have has given…
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