Australian Property Market
Sydney & Melbourne Drag Down Housing Market
CoreLogic’s data revealed the home value index for April 2022 showed national growth of 0.6%. This is the lowest reading since October 2020. Sydney and Melbourne are the two cities with the heaviest weighting in the home value index. Sydney was down 0.2% for the third...
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Regions, Smaller Capitals Surge As Sydney And Melbourne Slow
CoreLogic data revealed that the home value index was up 0.7% in March 2022. During the first quarter of this calendar year, dwelling prices in Australia rose 2.4%, adding about $17,000 to the value of a home. Within these national numbers, there was a notable split between the...
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House Prices Still Rising | February 2022 Property Market Update
House Price Update CoreLogic data revealed housing values experienced a 0.6% gain in February 2022. This was the 17th consecutive increase but was the slowest growth experienced since October 2020. Brisbane and Adelaide experienced the strongest housing market conditions. Over...
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Property Market Predictions 2022 | Home Loan Experts
CoreLogic data revealed that Australian housing values were 1% higher in December 2021 than a month earlier, slowing down from a 1.3% rise in November 2021. The growth momentum slowed down sharply in Sydney and Melbourne. Both cities recorded their softest reading since October...
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Regional Property Price Growth Doubles That Of Capital Cities
CoreLogic data shows housing values moved 1.3% higher in November 2021. This is the 14th consecutive month of positive growth. National housing values are 22.2% higher over the past 12 months. The rise adds approximately $126,700 to the median value of an Australian home. Figure:...
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Housing Values Edge 1.5% Higher, But Growth Is Easing
CoreLogic data shows housing values rose 1.5% in October 2021. However, Australia’s property market is slowly experiencing a loss from its peak monthly growth momentum of 2.8% in March 2021. Now, the growth rate is at 1.5%. Even though the monthly pace of growth is easing,...
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Housing Boom Slows As First Home Buyers Priced Out
CoreLogic data shows house values rose 1.5% in September 2021. They are 20.3% higher over the past 12 months. While housing values had been rising at their fastest pace since 1989, the monthly rate of growth is losing steam. The market’s growth rate peaked in March 2021, when...
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How To Buy A House In A Hot Market
The Australian housing market is a hotspot right now. Absorption rates are high, real-estate prices are soaring and inventory levels are low – all indicating a seller’s market. Plenty of buyers remain undeterred. Nearly 598,000 house and unit sales took place across Australia...
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Property Market Still Booming, Affordability Challenges Loom Larger
Australia’s housing market is still on the rise, despite the lockdowns. However, the rate of growth is losing steam and August marked the lowest monthly rise in housing values since January. CoreLogic’s national home value index shows housing values grew 1.5% in August 2021....
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Property Market Experiences 16.1% Lift
Housing values rose 1.6% in July 2021. This increase takes Australia’s housing values 16.1% higher over the past 12 months and 14.1% higher over the first seven months of calendar 2021. CoreLogic research director Tim Lawless says, “The 16.1% lift in national housing...
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