The observation that the annual growth in construction costs has fallen to its lowest level in over a decade reflects the significant deceleration measured by the Cordell Construction Cost Index (CCCI) in Australia, even though underlying costs remain highly elevated. The Deceleration of Annual Growth The Cordell Construction Cost Index (CCCI), which monitors the rate of change in prices for labor, material, plant hire, and … Continue reading Annual growth in construction costs falls to lowest level in decade.

The Australian residential property market has recently reached a significant valuation milestone, underpinning Australia’s wealth. According to Cotality’s October Monthly Housing Chart Pack, the total value of residential real estate has climbed to $11.8 trillion for the first time, reflecting an increase of $678 billion over the past 12 months. Cotality’s Head of Research, Eliza Owen, highlighted that this $11.8 trillion figure demonstrates the clear … Continue reading Australian property market approaches $12 trillion as national price momentum builds.

The rise in the preliminary auction clearance rate across the combined capital cities signifies increased success for homes taken to auction, following a period impacted by lower activity. For the last reported week (ending October 12, 2025), the combined capital city preliminary clearance rate rose to 73.0%, marking the highest rate recorded in three weeks. Context of Auction Activity and Volume The increase in the … Continue reading Preliminary auction clearance rate rises across combined capitals.

This high volume represents a substantial surge in activity, marking an increase of 32.3% on the previous week’s total. This sharp rise in listings is largely attributable to the return to normal trading conditions following a period of suppressed activity due to public holidays. Last week (ending October 5, 2025), auction activity was impacted by public holidays observed in four of the eight states and … Continue reading Just under 2,600 capital city auctions scheduled to go under the hammer.

The Australian rental market is experiencing a significant resurgence, characterized by a re-acceleration of rental growth occurring alongside the tightest national vacancy rate ever recorded. According to Cotality’s latest Quarterly Rental Review, this renewed strength is driven by fundamental issues of supply scarcity colliding with continued strong demand. The Re-acceleration of Rental Growth National dwelling rents, as measured by Cotality’s seasonally adjusted Rental Value Index, … Continue reading Rental growth re-accelerates amid tightest vacancy rate on record.

The Australian auction market experienced a unique period where the preliminary combined capitals’ clearance rate edged higher despite the disruption of a long weekend in most states. Data collected by Cotality (formerly CoreLogic) analyst Caitlin Fono reveals that the preliminary combined capitals clearance rate rose to 71.9%, up slightly from 71.4% the week prior (which was later revised lower to 68.7% on final results). This … Continue reading Preliminary clearance rate nudged higher despite long weekend disruptions.

For the week ending October 5, 2025, the combined capital city auction market in Australia will see activity remain below the 2,000 mark for the second consecutive week. There are 1,961 homes scheduled for auction across the combined capital cities, which is an increase from the 1,735 auctions held in the previous week. However, this volume is still relatively subdued, partly due to the impact … Continue reading Combined capital city auction activity holds below 2,000 again this week.

As the spring season progresses, Australian housing markets are showing significant strength, with property values gaining considerable pace. September 2025 marked the most substantial monthly increase for national dwelling values since October 2023, with the Cotality Home Value Index (HVI) rising by 0.8%. This growth is largely powered by robust conditions in the capital cities, where values collectively increased by 0.9% over the month. The … Continue reading Property values gain pace heading into spring, driven by record-low listings.

The Reserve Bank of Australia’s (RBA) decision to maintain the cash rate at 3.6% during its September board meeting reflects a cautious approach, with significant implications for the nation’s housing markets. This move was widely anticipated, influenced by potential “upside” risks to inflation, particularly from housing costs, as suggested by the monthly inflation indicator. The RBA appears to be waiting for the more comprehensive quarterly … Continue reading RBA holds at 3.6% what does it mean for housing markets?.

Sydney’s Auction Market Heats Up Sydney’s property auction market showed significant activity last week, recording its second-highest volume of auctions for the year. A total of 1,171 homes went under the hammer, marking a 28% increase from the previous week. This peak was surpassed only once this year, during the week before Easter, when 1,282 auctions were held. While auction volumes surged in Sydney, the … Continue reading Sydney records second-highest volume of auctions so far this year.