Search Results for: Corelogic
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Real Estate News
Auction volumes normalise after last week’s lofty highs with a softening clearance rate
National auction clearance results for the week ending 05/11/2017 courtesy of CoreLogic There were a total of 2,019 auctions held returning a preliminary auction clearance rate of 66.8 percent, increasing on last week’s final clearance rate of 64.5 percent. Over the corresponding week last year, 73.6 percent of the 2,517 auction held were successful. Melbourne saw the most notable decrease in volumes;…
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Thought Leaders Podcast
Episode 18: October values, News round-up, Tom Ferry comp, Off-market sales, App stacking 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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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…
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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…
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CoreLogic October Home Value Index: Growth conditions flat nationally but Sydney values fall
The CoreLogic October Home Value Index Results show that growth conditions remained flat on a national basis while Sydney values fall. Since moving through a peak rate of growth in November 2016, capital gains across Australia’s housing market have been losing momentum, with national dwelling values unchanged over the month of October. For October, conditions were flat across both the…
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Real Estate News
Console Group announces the sale of Property IQ and ADL Software
Console Group has announced the sale and transfer of ownership of PropertyIQ Pty Limited and its subsidiaries PropertyIQ Strata Pty Limited and ADL Software Pty Limited to new owner, Macquarie Bank Limited. The sale transaction was completed in whole today and is effective immediately. PropertyIQ Strata Pty Limited is the business behind PropertyIQ Strata, a specialist strata property management technology…
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Real Estate News
Record breaking auction volumes in VIC sees a new year-to-date high reached across the country
National auction clearance results for the week ending 29/10/2017 courtesy of CoreLogic This week, the combined capital cities saw the number of auctions held reached a new year-to-date high, with a total of 3,690 held, surpassing the previous 2017 high recorded over the week prior to Easter when 3,517 auctions were held. The higher volumes returned a preliminary auction clearance rate of…
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Thought Leaders Podcast
Episode 16: Trends in tech explained, Singing and Dancing, Russian Boats, Presenting tips, Robots 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
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…
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Real Estate News
Preliminary auction clearance rate remains below 70 while activity holds firm
National auction clearance results for the week ending 22/10/2017 courtesy of CoreLogic The trend towards softer auction market conditions has been led by the Sydney market where the final auction clearance rate has remained below 65% since the first week of October. Auction volumes were similar week-on-week, with 2,471 properties taken to auction, compared to 2,525 last week. This time last year,…
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Real Estate News
Preliminary auction clearance rate above 70 percent on higher volumes
National auction clearance results for the week ending 15/10/2017 courtesy of CoreLogic There were 2,497 auctions held across the combined capital cities this week, up from 2,318 last week. So far, 2,007 results have been reported to CoreLogic, returning a preliminary clearance rate of 70.6 percent, increasing from last week when the final clearance rate slipped to 64.4 percent, the lowest clearance…
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Real Estate News
Auction volumes return to normal after long weekend
National auction clearance results for the week ending 08/10/2017 courtesy of CoreLogic Auction activity across the combined capital cities increased this week after last week’s grand final and public holiday slowdown. 2,286 homes were taken to auction, returning a preliminary auction clearance rate of 68.1 percent. The preliminary clearance was up from the 66.3 percent last week when volumes dipped significantly across…
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Thought Leaders Podcast
Episode 10: The A List, New ways of buying and selling, REINSW awards, Knowing your numbers, PM BD for experts and more
Weekly wrap: Samantha McLean and Mark Edwards recap the week that was. ‘Elevate’ is the new 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.…
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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…
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INDUSTRY NEWS
REINSW recognises top performers for 2017
Real estate’s outstanding performers have been recognised at the 2017 Real Estate Institute of New South Wales Awards for Excellence Gala Dinner. REINSW President John Cunningham said in its 20th year the award winners highlight the professional standards that the real estate industry is striving for. “The winners across 20 categories are paving the way as our commitment to professionalism…
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INDUSTRY NEWS
Core Logic Home Values September: Sydney capital gains lose steam, rental returns rise
The September results confirmed that dwelling values edged 0.2% higher across Australia over the month, led by a 0.3% rise in capital city values and a 0.1% gain across the combined regional markets. The latest figures take national dwelling values 0.5% higher over the September quarter, which is the slowest rate of quarter-on-quarter growth since June 2016, and national values…
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Real Estate News
Auction activity makes way for the footy and long weekend
National auction clearance results for the week ending 01/10/2017 courtesy of CoreLogic Despite lower auction volumes, clearance rates held firm, returning a preliminary result of 69.4 percent, rising from the 66.2 percent last week when final results saw volumes reach their highest level since May this year (2,782). Melbourne was the main driver of the strong clearance, with a preliminary result just…
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INDUSTRY NEWS
The wealth effect of housing: Core Logic Property Pulse
Mr Lawless said, “The strong capital gains evident across the Sydney and Melbourne housing markets have created a significant boost in wealth for home owners who were fortunate enough to own a property through the latest growth cycles. However, the rate of capital gain has been remarkably lower across other markets with home owners outside of Sydney and Melbourne now…
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FRANCHISE NEWS
Century 21 expands corporate team with new appointments and focus on digital
Century 21’s marketing team will now be under the direction of two new national marketing managers – Nic Atkinson and Bianca Anton. Nic Atkinson has over 15 years’ experience as an advertising copywriter, eight years as a franchise owner and four years as a real estate agent. He has amassed a suite of communication skills well suited to a real…
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Thought Leaders Podcast
Episode 7: How to recognise your leadership style and better engage your team.
Transform Masters: Kylie Davis from CoreLogic talks Leadership Insights from their recent survey, and why leadership excellence brings bigger financial rewards. As a special bonus, she also breaks down those clever Market Scorecards to allow our transformers to make better decisions about growth in their area based on data. ‘Elevate’ is the new official podcast of Elite Agent Magazine for…
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Real Estate News
Spring Selling auction volumes continue to rise across the combined capital cities
National auction clearance results for the week ending 24/09/2017 courtesy of CoreLogic Auction volumes have increased across all but one of the capital cities this week with a total of 2,759 homes taken to auction, making it the busiest week for auctions since the end of May. So far, 2,226 results have been reported to CoreLogic, returning a preliminary clearance rate of…
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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…
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Elite Agent
Know Your Customer: Using Data to Build Trust and Advocacy
In a notable change in direction to the spiralling property values of late, the latest CoreLogic data has revealed a 1.1 per cent drop in dwelling values across five capital cities in the past quarter, with Sydney down further at 1.6 per cent. It’s only a small decline. But at a time where housing affordability challenges, home loan interest rate…
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Real Estate News
Auction volumes increase with clearance rates remaining representative of the state of the market.
There were 2,490 auctions held across the combined capital cities this week, up from 2,258 last week, making it the busiest week for auctions since the beginning of June. Based on preliminary results, the combined capital city clearance rate was recorded at70.3 percent this week, up from 66.9 percent last week, although this will likely revise lower over the next…
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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…
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INDUSTRY NEWS
Brisbane, Gold Coast and Sunshine Coast remain Queensland’s powerhouse markets
The latest REIQ Queensland Market Monitor reporting on the June Quarter median price shows that the Brisbane LGA median house price grew 3.6 per cent in the 12 months to June, to reach a new high of $655,000. The Gold Coast grew 6.8 per cent over the 12 months to June, reaching an annual median house price of $595,000. The…
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Real Estate News
RE/MAX annual convention celebrates top achievers
Eighteen regions now make up RE/MAX Asia Pacific, with delegates also coming from other countries including as Canada, United States, Poland, Argentina, South Africa and Italy. In regional franchise awards presented by RE/MAX LLC at a session for master franchise owners, RE/MAX Australia was the silver medalist for the franchise sales award, which recognized the region’s significant growth year-to-date 2017.…
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Real Estate News
Preliminary clearance rate holds above 70 percent however final results tell a different story
National auction clearance results for the week ending 10/09/2017 courtesy of CoreLogic It will be interesting to see what the final clearance rate looks like on Thursday once the remaining records have been captured. Auction volumes increased week-on-week with 2,225 properties taken to auction this week, up from 2,074 last week, and higher than this time last year (2,062). Across Melbourne, preliminary…
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INDUSTRY NEWS
Core Logic Property Pulse September 8: Housing market putting on the brakes
CoreLogic’s Accumulation Index looks at the total returns from the housing asset class factoring in the change in the value of the dwelling and the gross rental return from the property. The figures show that nationally, the total returns from the housing asset class over the 12 months to August 2017 were 13.2%. Because the return is calculated from value…
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Thought Leaders Podcast
Episode 1: New Adventures in Podcasting
Weekly wrap: Samantha McLean and Mark Edwards recap the week that was. ‘Elevate’ is the new 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.…
Read More » -
Real Estate News
Auction volumes fall with the clearance rate clinging to 70 percent
National auction clearance results for the week ending 03/09/2017 courtesy of CoreLogic The final clearance rate across the combined capital cities has been sitting in the mid-high 60 percent range since June and it is likely that this will be the case again on Thursday when our final results are published. All but two of the capital cities saw the clearance rate…
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Core Logic Home Value Index August 2017
Using the upgraded hedonic index methodology, the CoreLogic August home value index results for the month confirm a slowdown in housing market conditions in Sydney, while Hobart emerged as the country’s best performing capital city based on growth in dwelling values over the past twelve months. National dwelling values remained flat during August, with capital city values edging 0.1% higher.…
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Real Estate 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…
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