CoreLogic: Combined capitals set for the busiest auction week since late June

After hovering around 1,900 over the past two weeks, scheduled capital city auction numbers are up 19.1% this week. With 2,283 homes scheduled for auction, the combined capitals are set for the busiest auction week since late June, when 2,364 capital city homes were auctioned. Last week saw 1,917 homes auctioned across the capitals, while this time last year, when selling conditions were much stronger, … Continue reading CoreLogic: Combined capitals set for the busiest auction week since late June

CoreLogic | Auction activity down 41% on same time last year

CoreLogic is expecting to see a slight increase in combined capital city auction activity this week with 1,941 homes currently scheduled for auction. This is up 1.0% from last week when 1,921 auctions were held across the combined capitals. Melbourne is the only capital city set to see an increase in auction volumes over the week, while auction activity in Adelaide is expected to hold … Continue reading CoreLogic | Auction activity down 41% on same time last year

Corelogic: Quiet quarter for auction volumes and softer clearance rates

CoreLogic’s Quarterly Auction Market Review shows 23,087 properties across the combined capitals went under the hammer in the September quarter, the lowest figure since the March quarter in 2021. Numbers were down on the three months to June when 31,439 auctions were held, which followed the busiest March quarter on record when 23,748 homes went under the hammer. CoreLogic Research Director Tim Lawless said lower auction volumes … Continue reading Corelogic: Quiet quarter for auction volumes and softer clearance rates

CoreLogic: Combined capital city auction volumes surge to more than 2,000

Auction volumes are set to increase across the combined capital cities this week, exceeding 2,000 for the third time since late June. There are currently 2,211 capital city homes scheduled for auction this week, up from 1,741 last week. Although auction numbers are up 27.0% week-on-week, they remain -26.8% lower than the same period last year (3,019). Melbourne is set to see the busiest auction week since the … Continue reading CoreLogic: Combined capital city auction volumes surge to more than 2,000

CoreLogic: Auction volumes hold steady yet almost 40% below last year’s numbers

Scheduled auction activity across the combined capitals is expected to hold steady with 1,810 homes set to go to auction this week. While in line with the 1,815 auctions held last week, this week’s volume is significantly below this time last year (-38.4%) when strong selling conditions saw 2,940 homes go under the hammer. An early view of scheduled auctions over the coming fortnight suggests … Continue reading CoreLogic: Auction volumes hold steady yet almost 40% below last year’s numbers

Proposed public ‘landlord register’ is unjustified, says REIQ

The Real Estate Institute of Queensland (REIQ) looks forward to the Housing Summit surfacing fresh ideas to solve the state’s crippling housing crisis, but says the recent suggestion from Tenants Queensland to establish a public-facing ‘landlord register’ is unjustified. REIQ CEO Antonia Mercorella said the REIQ does not support the establishment of a public landlord register or see how this could help the government address … Continue reading Proposed public ‘landlord register’ is unjustified, says REIQ

CoreLogic Auction Market Preview: Auction activity on the rise following grand finals and public holidays

Auction activity is on the rise with 1,872 homes scheduled for auction across the combined capital cities this week, up 15.7% from last week when the Labour Day long weekend in ACT, NSW and SA, and the Queen’s Birthday long weekend in Qld saw fewer homes taken to auction (1,618). While volumes are up week-on-week, the week’s auction volumes are -30.9% down compared to this … Continue reading CoreLogic Auction Market Preview: Auction activity on the rise following grand finals and public holidays

CoreLogic Auction Market Preview: second consecutive week of 60% clearance rates

There are 1,660 auctions across the combined capitals scheduled to go under the hammer this week with grand finals and public holidays continuing to disrupt volumes. This week’s capital city auction volumes are -16.4% lower than this time last year (1,986) and -24.6% below the 2,203 auctions held two weeks prior (week ending 18th September). This week’s lower auction activity is likely due to the … Continue reading CoreLogic Auction Market Preview: second consecutive week of 60% clearance rates

Aussie PropTech claims distribution leadership

From a standing start 3 years ago, property marketing platform Realty.com.au has emerged as one of the big players in the online property marketing space, by this week reaching a milestone 1.5 million properties being marketed through the portal and distributed through social media. “That means we have now posted more properties on social media than any property portal or social media marketing company or … Continue reading Aussie PropTech claims distribution leadership

Queensland commercial markets stimulated

With the looming Federal election there has been a vast array of increased expenditure across the infrastructure sector that are set to impact local property markets. The $120 billion 10-year infrastructure plan sees initiatives across the country heavily aligned with transport including fast rail, roads, freight movement stimulating job security and continued economic growth. The additional $17.9 billion announced is being spread throughout urban and regional … Continue reading Queensland commercial markets stimulated