“Capital gains accelerated over the past year, taking the calendar year growth rate to the fastest pace since 2009, according to the December CoreLogic Home Value Index.” December 2016 saw capital city dwelling values rise by 1.4%, taking the annual capital gain for 2016 to 10.9%; the highest growth rate for a calendar year since […]
“The Mapping the Market Report highlights the market performance across individual regions and suburbs across a capital city.” The Mapping the Market Report is published quarterly and is a series of thematic maps highlighting the following statistics for houses and units: Median values 12 month change in median values Median rental rates 12 month change […]
“What is the current status of housing affordability in Australia?” Housing Affordability is shaping up as one of the most talked about topics for 2017. Conversations around this topic are taking place daily – from political debates, media reports and interviews, industry narratives, social media conversations and more. Click here to read the details: https://www.corelogic.com.au/news/housing-affordability-report
“Capital city dwelling values rose a further 1.4% in February, with Sydney continuing as the overall capital gains leader.” The monthly CoreLogic Hedonic Home Value Index reported a further rise in the value of capital city dwellings in February, with values rising 1.4% over the month. The strong capital gain over February was led by […]
“The Illawarra region of NSW continued to deliver the highest value growth for property owners according to the latest CoreLogic Regional Report to the December quarter.” Over the quarter, CoreLogic research confirmed that Illawarra recorded the largest annual increase in values for both houses at 15.2 per cent, and units at 14.8 per cent. Click […]
The demand for housing loans has surged in Sydney and Melbourne. But what could have been the driving components in this growth phase? Data provided by Corelogic and the ABS point out that low interest rates plus high levels of availability of mortgage finance and other factors such as localised economic performance, population growth and […]
Overview The Australian National Accounts, to be released on Wednesday March 1, will provide an estimate of economic activity for the December quarter. In the September quarter, the Australian economy stumbled, contracting by 0.5%. Annual real GDP growth slowed from an above trend 3.1% to 1.8%. Key negatives were: uncertainty around the July Federal election; […]
How are Australia’s states and territories performing? Each quarter CommSec attempts to find out by analysing eight key indicators: economic growth; retail spending; business investment; unemployment; construction work done; population growth; housing finance and dwelling commencements. Just as the Reserve Bank uses long-term averages to determine the level of ‘normal’ interest rates; we have done […]
Overview The 1st half of 2016 has been quite colourful, both at a national and international level. Many national events – whether it is at Federal or State Government level – have resulted in a somewhat “confused” state as to which direction the property market is heading into. Whilst it was generally agreed that […]
Commodity bust, life style metal boom? By Rosemary Johnston February 14, 2017 The bottom of the economic cycle for commodity prices in Australia has been experienced according to various Government announcements. Queensland and WA bore the brunt of the downturn. In December iron ore and coal exports were higher than expected. The Office of […]