Archive | October, 2014

Adelaide | RP Data auction review

RP Data National Auction Comment; Week ending 5 October, 2014

A preliminary weighted average clearance rate of 65.7 per cent was recorded this week across capital cities compared to 70.9 per cent last week and 69.3 per cent this time last year. From an overall perspective this year’s market is clearly stronger than last year. So far this year there have been 68,651 auctions, 30.5 […]

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1900 auctions expected across Australia this week

RP Data National Auction Preview, week ending 5 October 2014 There are 1,900 auctions scheduled across Australia this week. In capital cities there are 1,455 auctions expected compared to 1,501 for the same period last year. Volumes are again affected by sporting events, this time in Sydney. The impact is less than in Melbourne last […]

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Chart 6

August 2014 building approvals

The Australian Bureau of Statistics (ABS) released building approvals data for August 2014 earlier today.  At a headline level, dwelling approvals were 3.0% higher over the month and are now 14.5% year on year.  With 16,810 approvals over the month there is clearly a strong level of residential development activity with monthly approvals just -5.0% […]

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Where to find falling rents in Melbourne | RP Data

Small drop in values gives Melbourne buyers breathing room

The RP Data CoreLogic Home Value Index for September showed a minor easing in Melbourne dwelling values that did not change the trend for 2014. Dwelling values in Melbourne dropped by 0.8 per cent in September.This will be welcomed by those looking to buy this spring and summer. The traditional rise in supply is clearly […]

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CoreLogic RP Data auction preview | capital cities (Image by Domain)

RP Data Auction Market, Melbourne; Week ending 5 October, 2014

There are 812 auctions scheduled this week in Melbourne compared to 866 for the same time last year. The highest volume of auctions will be in St Kilda with 19 followed by Glen Waverley and Mount Waverley, both with 17. This week will see the busiest period of the annual auction market begin. The high […]

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