By Kaytlin Ezzy, Economist, CoreLogic Australia Capital city auction activity is set to rise 7.5% this week, with 3,186 homes currently scheduled for auction. With each of the capital cities expecting a rise in auction numbers, this week is slated to be the combined capital’s second busiest of the year, behind only the week ending 29th October (3,381). This time last year, auction numbers were -14.7% … Continue reading Capitals Sydney and Adelaide prepare for busiest auction week of the year

Latest Australian Property Market Insights: Week Ending 8th Dec ’23 Property Weekly Pulse with Rasti: As we wrap up the week of 08 Dec ’23, I’m thrilled to bring you the latest pulse of the Australian property market. This update is packed with pivotal trends and data points, capturing the essence of our dynamic real estate landscape. Whether you’re a savvy investor or a curious first-time … Continue reading Australian Property Market 2023: Record Highs and Emerging Trends

By Kaytlin Ezzy, Economist, CoreLogic Australia The first week of summer saw strong auction activity across the capitals, with CoreLogic Australia tracking just shy of 3,000 (2,999) auctions last week. Up 1.7% from the week prior (2,949), last week was the second-busiest auction week of the year so far, behind the week ending 29th October, when a ‘Super Saturday’ event saw 3,381 homes auctioned. After recording … Continue reading Capital city auction numbers remain steady over the first week of summer

Latest Australian Property Market Insights: Week Ending 1st Dec ’23 G’day, property enthusiasts! This week, let’s unravel the latest twists and turns in the Aussie property market. We’ve got everything from apartment construction trends to the subtle shifts in buying vs renting. Sit back, as we decode the complexities of real estate, offering you the freshest insights from the week ending 01 December ’23. H2: Apartment … Continue reading Apartment Construction Slows Down – What’s Happening?

Latest Australian Property Market Insights: Week Ending 24th Nov ’23 Property Weekly Pulse with Rasti: Welcome to our in-depth analysis of the Australian property market for the week ending 24 November ’23. I’m Rasti Vaibhav, your Architect of Property Wealth, here to guide you through the latest trends and data that are shaping our real estate landscape. Let’s dive in and explore what these changes mean … Continue reading Remarkable Growth in Over 80% of Suburbs

Louis Christopher – SQM Research The overall capital city forecast is for the market (asking rents) to rise again next year by between 7% to 10%. Perth is expected to record the largest increase in market rents of 12% to 15%. While Canberra is forecasted to record the largest declines of -6% to -2%. For the past 12 months to the 20th of November capital … Continue reading Rents Forecast To Rise 7 to 10%

By Kaytlin Ezzy, Economist, CoreLogic Australia With 3,019 auctions held last week, the combined capitals hosted the second busiest auction week of the year-to-date. Exceeding the 3,000 mark for only the second time this year, volumes were up 13.7% compared to the week prior (2,656) and 31.4% higher than this time last year (2,298). The rise in auction numbers was accompanied by a drop in … Continue reading Combined capitals record lowest preliminary clearance rate in 32 weeks

Latest Australian Property Market Insights: Week Ending 17th November ’23 Property Weekly Pulse with Rasti: G’day! I’m Rasti Vaibhav, your trusty guide through the ever-changing landscape of the Australian property market. This week, as we close in on 17th November 2023, has been a standout in the world of Aussie real estate. We’ve witnessed some significant shifts that could impact your decisions, whether you’re buying, selling, … Continue reading Navigating the Dynamic Australian Property Market – Insights for the Week Ending 17November 2023

Latest Australian Property Market Insights: Week Ending 10th November ’23 Property Weekly Pulse with Rasti: G’day, property enthusiasts! Dive into the latest twists in the Aussie property market for the week ending November 10, 2023. With the RBA’s rate hike, renters and buyers face new challenges, from Sydney’s Eastern Suburbs to Perth City. We spotlight rent spikes, building hiccups, and retirees finding a financial boost. Are … Continue reading Navigating the Crest of Australia’s Property Wave: Market Insights for the SavvyInvestor

by CoreLogic Research Director, Tim Lawless The decision to lift the cash rate by 25 basis points after four months of pauses is likely to disrupt confidence and take some further heat out of the housing market rebound.  The decision follows a higher-than-expected inflation outcome for the September quarter, where headline CPI rose from 0.8% in the June quarter to 1.2% over Q3. The RBA … Continue reading Rate hike set to take heat out of housing market