Search Results for: Corelogic
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Real Estate News
State-by-State Round Up: Electronic Signatures, January 2017
The current waters are still a little murky in relation to the use of electronic signatures. According to white papers released by CoreLogic on the use of DocuSign, an electronic signatures software product, electronic signatures are legal in most Australian Jurisdictions. Rundl, powered by progressive law firm LawLab, already have clients transacting with electronic signatures across many of the Australian…
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Elite Agent
Buyer Perceptions: How Do Your Clients Rate You?
One of the greatest stories real estate agents tell themselves is that buyers and sellers are two different types of customer who need to be treated differently. But agents who ignore buyers to focus on vendors they can pitch to in the short term could be reducing their leads by as much as 75 per cent. The new Buyer Perceptions of…
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INDUSTRY NEWS
Stamp duty breaks for older empty nesters will help solve second home buyer dilemma
A stamp duty break for empty nesters aged over 70 could ease housing affordability stresses in Sydney and Melbourne, according to Angus Raine, Executive Chairman, Raine & Horne. “The national housing debate focuses mostly on first home buyers, and with good reason given climbing real estate values combined with an ongoing shortage of new homes,” said Mr Raine. Sydney housing…
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Elite Agent
CoreLogic: Capital city dwelling values experience highest growth rate in seven years
Highlights over the three months to December 2016 Best performing capital city: Darwin +5.9 percent Weakest performing capital city: Adelaide -1.6 percent Highest rental yields: Hobart houses with gross rental yield of 5.1 percent and Hobart Units at 5.7 percent Lowest rental yields: Melbourne houses with gross rental yield of 2.7 percent and Darwin units at 3.6 percent Most expensive…
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National
Clearance rates remain above 70 percent on tapering volumes (18/12/16)
The final week of auction reporting for the year sees the combined capital city clearance rate remain above 70 percent, while auction volumes continue their seasonal taper Auction activity continued to ease this week after a surge in auctions over the past four weeks. The combined capital city clearance rate fell slightly to 70.5 percent, down from last week’s 71.6 percent.…
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Elite Agent
10 Real Estate Trends to Watch For in 2017: Samantha McLean
Last week, as I was sitting in Claudio Encina’s hotseat, I had to answer a question about the trends I thought would impact the real estate industry in 2017. Having had a little more time to reflect on everything I have seen, heard and read this year, I’m going out on a limb with some predictions – plus a few…
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INDUSTRY NEWS
Stamp duty a significant cost barrier for Sydney and Melbourne markets: CoreLogic
Higher priced properties in Sydney and Melbourne is not the only obstacle stopping people from entering these markets. Varying from state to state, another factor contributing to the high entry cost to housing is Stamp Duty, particularly in Australia’s largest two capital cities. CoreLogic Head of Research Tim Lawless said, “Calculating how much stamp duty is applicable on a property…
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Brand Editorial
Reader’s Choice – Top 10 Marketing Articles for 2016
Here is a list of your favourite marketing articles for 2016 based on the number of views/reads – in no particular order! The emerging area of content marketing proved a big hit this year so we will certainly be looking to give you more on this subject in 2017. 1. Market Your Listings to the Right People on Facebook Facebook has…
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Elite Agent
NSW, you can’t dine out on stamp duty forever: Leanne Pilkington
Laing + Simmons Managing Director and incoming REINSW President, Leanne Pilkington has penned a cautionary memo to the NSW Government telling them, they cannnot continue to dine out on NSW stamp duty revenues – highlighting the issue of housing affordability in the state, particularly in Sydney. Here is the full release: MEMO TO NSW GOVT: YOU CAN’T DINE OUT ON STAMP…
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INDUSTRY NEWS
CoreLogic December 2016 Property Outlook: Tim Lawless
CoreLogic have released their property market outlook for December 2016 which includes valuable market insights from Head of Research Asia Pacific, Tim Lawless on the current trend of investment activity, growth values, affordability and interest rates heading into 2017. CAPITAL CITY PROPERTY VALUES UP BUT SLOWING Capital city property values increased by 0.2 per cent in November, according to the…
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National
Clearance rates again above 70 percent on soaring volumes (11/12/16)
Auction markets continue their strong run, with the number of auctions recorded at the second highest level this year and clearance rates remaining above 70 percent for the 20th successive week Auction activity does not appear to be slowing through the festive period, with auction numbers reaching the highest level since March earlier this year. There were 3,411 auctions held…
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Ask the Coach
Ask the Coach: Industry Trends in 2017
Real estate coach and performance mentor, Claudio Encina is in the hot seat answering your most pressing questions around everything to do with sales productivity and process. Q. What trends do you see in our industry heading into 2017? Ian Qui, Morton Real Estate Pyrmont There are a few emerging trends as we head into the new year, but the…
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INDUSTRY NEWS
December 2016 RBA decision: Tim Lawless, Core Logic
In response to the RBA’s decision to keep interest rates on hold, Tim Lawless, CoreLogic’s Head of Research, provides his expert commentary on the decision and what may lay ahead when they meet in February. Despite inflation tracking well below the target range of 2-3%, the RBA decided to keep the cash rate on hold at 1.5% today. “On one…
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Elite Agent
Your Top Ten Tech Posts of 2016
Here is a list of your favourite technology articles for 2016 based on number of views/reads – in no particular order! 1. Big Data: Never Cold Call Again – Samantha McLean We live in an age of ‘consumerism’ where potential clients have more information on us than ever. But it is also true that we can access a whole…
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Elite Agent
Capital city values rise as cycle clicks over 4.5 years of growth, CoreLogic November Index
The CoreLogic November Home Value Index results released last week released showed a rise in dwelling values across most capital cities, however, CoreLogic Head of Research Tim Lawless has noted that it is the ‘softest capital city result since December 2015’. Throughout November, capital city dwelling values rose by 0.2%. While the headline results remained in positive growth territory, the…
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National
Clearance rates hold steady on falling auction volumes (04/12/16)
Capital city clearance rate remains strong for the first week of Summer at 75 percent, while the number of auctions has fallen week-on-week The combined capital city preliminary clearance rate rose this week to 75.0 percent, up from last week’s final clearance rate of 73.0 percent. This week’s auction market results indicate that clearance rates are maintaining strength coming into…
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National
Auction markets continue their strong run (27/11/16)
Auction markets continue their strong run of high clearance rates after the second busiest week for auctions so far this year Auction volumes increased with 3,367 properties taken to auction this week. This was the second highest number of reported auctions this year for the combined capital cities, up from 2,987 over the previous week. Despite the surge in auction…
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Real Estate News
Property Pulse – Market Update, CoreLogic week ended 24 November 2016
CoreLogic released its weekly property pulse, this week including some interesting insights on ABS data released last week relating to employment, household incomes and construction. Employment Late last week the Australian Bureau of Statistics (ABS) released labour force data for October 2016. While the headline unemployment rate of 5.6% was steady over the month at its lowest level since February…
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Transform
Transform PM Ep 17: PM Maintenance and Risk, Phil Oakes
Thank you to our final episode sponsor: PropertySafe, provider of inspection and reporting systems that will address the current risks and issues associated with personal injury at and around homes. For more info, visit propertysafe.com.au Coach: Phil Oakes Coaching Transcript: I’ve said this so many times and it’s so true. Of all the industries I’ve worked in, the property management…
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National
Preliminary clearance rates lower on higher volume (20/11/16)
The final auction clearance rate last week was at 75.8 percent. This week’s preliminary result this week is steady at 75.6 percent. Auction volumes have trended slightly higher this week. There were 2,950 auctions held across the combined capital cities, with week-on-week results showing an increase over the 2,897 reported capital city auctions last week. With the number of auctions…
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Elite Agent
November Outlook: Cameron Kusher, CoreLogic
The CoreLogic Home Value Index showed that in October 2016, combined capital city home values rose by 0.5%. CoreLogic estimates that as at the end of October 2016, the total value of residential property nationally was $6.7 trillion. Adelaide and Hobart were the only capital cities in which values fell in October. Over the three months to October 2016, combined…
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Elite Agent
Ask the Coach: Buyer Management Plan
Real estate coach and performance mentor, Claudio Encina is in the hot seat answering your most pressing questions around everything to do with sales productivity and process. Q. What are some ideas around having a buyer management plan? – Patrick Byron, Ray White Botany Green Square The top achievers in this industry work their buyers to generate leads. With all buyers…
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National
Preliminary clearance rates hold steady at 77.5% (13/11/16)
This time last week, the preliminary clearance rate was reported to be at 77.5 percent as is the case with this morning’s report. As results come in over the coming days, we will get a firmer view on how the numbers end up however with a strong preliminary headline result and increasing volumes of properties going to auction, the market appears…
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Elite Agent
REA Group increases earnings, despite a drop in listings
REA Group Limited (ASX:REA) today released details of the year to date financial information to be reported by News Corp on 7 November 2016 (EDT). REA Group financial highlights from core operations 1 for the quarter ending 30 September 2016 include revenue growth of 16% to $170m and EBITDA growth of 9% to $90m. The strong revenue result was driven by…
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National
Clearance rates creep towards 80% (6/11/16)
Auction markets continue their strong run with the weighted preliminary clearance rate holding well above 70% for the 15th week running. Auction activity has continued to rise through in the final month of spring, however, the number of auctions remains well below the highs recorded a year ago. The preliminary clearance rate was 77.5% across 2,490 reported auction results. This…
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Elite Agent
Are Buyers Harder to Please than Sellers?
Core Logic RP Data have just released their Buyers Perceptions of Real Estate Agents 2016 report and it provides some interesting reading. A companion to the 2015 Vendor Perceptions of Real Estate Agents, the report delivers key insights into how buyers rate agents in terms of quality of service and value. Here, Kylie Davis gives an overview of key findings from…
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National
Auction Markets Remain Firm (30/10/16)
Auction markets remain firm, recording the 14th consecutive week where the combined capital city clearance rate remains above 70%. The final weekend of October shows the auction clearance rate remains high across the combined capital cities, recording above 70.0 per ent for the 14th consecutive week. There were 2,246 auctions held across the capital cities, with a preliminary auction clearance…
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Elite Agent
What’s the market up to? Which market is that?
Property market observers are mentioning an apparent shortage of property listings through the spring selling season this year. Reserve Bank of Australia governor, Philip Lowe, has said that inflation is likely to remain low until the economy is such that it generates enough jobs to stimulate strong growth in wages. Until we get past the end of the mining boom…
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National
Captial City Auction Markets Record Highest Preliminary Clearance Rate This Year (23/10/16)
This week, CoreLogic are reporting the highest preliminary national clearance rate this year, reaching 80.2% over the combined capitals. The number of homes taken to auction this week increased to 2,641, compared with 2,443 over the previous week. The preliminary clearance rate of 80.2 per cent is the highest recorded for the year so far, up from 76.2 per cent…
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National
CoreLogic Property Pulse Market Update (w/e 20 September, 2016)
Market update (w/e 20 September, 2016) The Reserve Bank (RBA) released the minutes of their October monetary policy meeting earlier this week. At the meeting the RBA board decided to keep official interest rates on hold at 1.5%. The major points of note from the minutes were: GDP growth moderated in the June 2016 quarter however, it was higher than forecast…
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INDUSTRY NEWS
Investor housing demand rises as owner occupier fades, CoreLogic Research
Housing finance data for August 2016 was recently released by the Australian Bureau of Statistics (ABS). Over the month there was $31.4 billion worth of housing finance commitments which was -1.0% lower over the month and -5.1% lower than it was at its peak in April 2015. The $31.4 billion worth of commitments in August was split between $19.5 billion…
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Real Estate News
Infographics and reporting made easy with Homeprezzo
HomePrezzo is launching a swag of new reports and features this spring, adding to the existing range of high quality, infographic video content powered by CoreLogic RP Data statistics. With just a few clicks you can now generate a professionally designed suburb or postcode update report showcasing median price movements, recent sales and investor metrics, all branded to match your…
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Elite Agent TV
CoreLogic: Housing Market Update, October 2016
Watch CoreLogic’s Housing Market Update for October. The housing and economic data is derived from the CoreLogic Hedonic Home Value Index for the month of September, released October 2016. Presented by Tim Lawless, Research Director at CoreLogic. Here are some of the September Highlights, plus the October Outlook, according to Tim Lawless, Head Researcher Values in September – the headlines…
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National
Clearance rates remain above 70 percent (W/E 16/10/16)
It has been another strong week for auction results, with a preliminary auction clearance rate of 77.9 per cent. There were 2,405 auctions held across the combined capital cities. Auction volumes still remain below levels of last year. The clearance rate has remained above 70 percent since the last w eek in July. Last week, the final auction clearance rate…
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INDUSTRY NEWS
Greg Dickason appointed CoreLogic’s International Chief Technology Officer
Greg Dickason has been appointed CoreLogic’s International Chief Technology Officer, reporting to the US CIO Bob Frosell. Greg has an international track record of delivering advanced technology and innovative products for the real estate sector, including the award-winning API that powers mobile apps as diverse as the Harcourts eOne App and Westpac Wonder. Greg has a passion for innovation and…
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