By Eliza Owen, Head of Research, CoreLogic Australia Following ten consecutive rate hikes, mortgage holders may be relieved to learn that the Reserve Bank (RBA) is slowly getting closer to taming inflation. The ABS inflation figures for March showed further signs of gradual cooling in the economy, including a pronounced slowdown in inflation for the construction of new dwellings. On a quarterly basis, headline inflation declined to … Continue reading Inflation figures leave Australian mortgage holders in the dark about next rate decision

By Duane Kaak, Research Analyst, CoreLogic Auction volumes across the combined capital cities decreased -19.3% to 1,432 this week largely due to the ‘unofficial long weekend’ but also an early indication of the seasonal trend towards an easing in auction activity after the pre-Easter highs. While the number of auctions is down from last week, the volume is -27% lower than this time last year … Continue reading Preliminary clearance rate holds steady despite lower volumes

By Eliza Owen, Head of Research Australian rent values have increased 24.1% between the start of an upswing in September 2020, to February 2023. On the surface, it would appear to be the perfect storm for property investors. The pace of monthly rent increases is accelerating, the monthly vacancy rate nationally slipped back to 1.0% in February, and the count of rental listings on the … Continue reading If rents are so high, why is investor interest in Australian property declining?