Melbourne real estate agents and buyers are gearing up for a busy weekend with no less than 1,313 properties set to go under the hammer. In fact, auction volumes are expected to rise across the combined capital cities this week with CoreLogic currently tracking 2,495 auctions, up from last week’s 2,128 auctions held, although lower than the 3,026 auctions one year ago. In Melbourne, there … Continue reading Auction capitals go strong this week
CoreLogic’s national Cordell Housing Index Price rose by 1.0 per cent over the three months to December 2020, after the previous quarter increased by a lower 0.6 per cent. The Cordell Housing Index Price (CHIP) measures the rate of change of construction costs within the residential market and covers freestanding and semi-detached single and two-storey dwellings. The final index for 2020 showed residential construction costs … Continue reading CoreLogic: Housing construction costs rose 1% over the December quarter
Because of Facebook’s action today in blocking news content in Australia, many news-related Facebook pages have had posts removed. Property marketing platform realty.com.au moved quickly to reassure agents and property sellers that its geo-diverse marketing strategy has ensured properties marketed through Realty will continue to benefit from exposure to both active and passive buyers on Facebook. Realty’s 450+ Local Facebook pages, with established audiences who … Continue reading Facebook Bans News But Realty Keeps Posting
Auction activity continues to rise across the combined capital cities with scheduled auction volumes up by 27% over the week. CoreLogic is currently tracking a total of 1,659 capital city auctions, increasing on last week’s final count of 1,304 auctions held and higher than the 1,596 one year ago. Melbourne is expected to make up 47% of all auction activity this week with 782 homes … Continue reading Auction Numbers and Clearances Continue to Increase
Sydney Market set to Strengthen in 2021 – Experts The Sydney property market is showing no signs of changing the upward trajectory it began midway through last year, according to three local property market experts. BFP Property Buyers Founder and Principal Ben Plohl said the start of the new year had been a solid one for the Sydney market with plenty of buyers already active.“I … Continue reading Sydney Market set to Strengthen in 2021
Sydney, Australia – FOLLOWING a year of change across the property market, Knight Frank looks ahead to see what this year will bring for real estate. Its 2021 Outlook has 10 top predictions for 2021: 1. Urbanisation on hold, but cities will re-asset their strength At one level, COVID-19 seemingly threatens to up-end the status quo of city-centricity, but the weight of evidence on the relative … Continue reading Top 10 Predictions for Australia’s Property Market in 2021
Launceston & North East Holds Position as Top Regional Market for Houses [SYDNEY, NSW, 23 November 2020] – The CoreLogic Regional Market Update, which looks at capital growth over the 12 months to October in Australia’s 25 largest non-capital city markets, saw Tasmania’s Launceston & North East region remain the top performer for houses for the third consecutive quarter (10.5 per cent). However, the … Continue reading It’s a hat trick for Tassie
Insurers and Builders Joining Forces to Improve Australian Homes The Insurance Council of Australia (ICA) and the Master Builders Association (MBA) are uniting to develop proposals that will help strengthen homes and communities against natural disasters. The industry groups have heeded key findings from the Royal Commission into National Natural Disaster Arrangements and will host a series of roundtable discussions to create a pathway towards national … Continue reading Safer Homes for Aussies
SYDNEY (10 November 2020) — Juwai IQI is releasing today this summary of Chinese residential real estate buyer activity related to Education in Australia, adding its own data and insights to the new report from the Mitchell Institute, Coronavirus, and international students. Juwai IQI Executive Chairman Georg Chmiel said: “It will be pain before gain. Student numbers are likely to keep falling and vacancies to … Continue reading Pain Before Gain: REAL ESTATE Impact of Dropping Foreign Student Numbers
Australian houses are world’s biggest: CommSec Home Size Trends Report The latest CommSec Home Size Trends Report reveals Australians are again building big houses and apartments. Australia is again building the biggest houses in the world, ahead of the United States, according to the latest CommSec Home Size Report. The average new house built in Australia in 2019/20 was 235.8 square metres, up 2.9 per … Continue reading We build the world’s biggest houses
