Archive | November, 2015

20151130 Capital city

Second largest auction weekend for the year sees preliminary clearance rate edge higher to 60.1%

This week marks the second busiest week for auctions across the combined capital cities this year, with 3,649 auctions held over the week, just short of the 3,668 held earlier this year, over the last week of March. This week the preliminary clearance rate is 60.1 per cent, having increased, albeit only slightly, from a […]

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CoreLogic RP Data National Auction Preview, week ending 28 November 2015

With current high auction volumes at play, we’re seeing auction clearance rates trend lower. While next week is set to be a bumper auction week with 3,815 auctions currently expected for next week, there will be plenty of stock for buyers to choose from with an expected 1,890 auctions in Melbourne and 1,372 auctions in […]

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Chart 6

APRA data shows that investment lending is starting to slow

Earlier this week the Australian Prudential Regulation Authority (APRA) released its September quarter data on property exposures by Australian Authorised Deposit-taking Institutions (ADIs).  The quarterly data provides some very valuable insight into the domestic mortgage lending market.  With this data comes a further sign that the recent lending changes from APRA are coming into effect […]

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2015_11_20_Auction_Table

Commercial Auction Results – Week ending 20 November 2015

Preliminary results show 70 commercial auctions over the week ending 20 November, with a clearance rate of 52.9 per cent. In comparison, over the previous week, 62 commercial auction results were reported and the clearance rate was 53.2 per cent. At the same time last year, 63 results were reported with a clearance rate of […]

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2015-11-27--notw

Darling Square’s $300 million sale

Commercial sales continue to be strong in Sydney with a $300 million sale of a yet to be completed office building that is part of the Darling Square development. The vendor of the property’s long term leasehold was the Darling Harbour Authority, a NSW government authority constituted under the Darling Harbour Authority Act 1984, to […]

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Macquarie Park Cityscope Quarterly Sales

Commercial Market Update – Macquarie Park Cityscope

The latest research from Macquarie Park Cityscope shows property sales have increased in the past three months. Sales recorded in the quarter ending November 2015 totalled $473 million, an increase from the $137.1 million recorded in the three months to August 2015, and an increase from the $132 million recorded to May 2015. This data brings the […]

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Southbank Cityscope Quarterly Sales

Commercial Market Update – Southbank Cityscope

The latest research from Southbank Cityscope shows property sales have increased in the past three months. Sales recorded in the quarter ending November 2015 totalled $242.6 million, an increase from the $147 million recorded in the three months to August 2015, but a decrease from the $517.9 million recorded to May 2015. This data brings the 12 […]

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20151122 Adelaide

Sydney’s clearance rate under 60 per cent for the third week in a row

The number of homes taken to auction remains high, with 3,087 auctions held this week, down from 3,274 over the previous week, however, the preliminary clearance rate of 60.8 per cent has fallen, down from 62.3 per cent last week, mainly due to the drop in Melbourne’s clearance rate, which is currently sitting below 65 […]

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Chart 2

The different segments of the market are seeing quite different magnitudes of value changes

Housing markets show different performances geographically as well as across product types and pricing points.  Across the capital cities, a useful measure of capital gain across broad price points is our stratified hedonic index.  The CoreLogic RP Data Stratified Hedonic Index looks at the movement in home values across three broad value based segments of […]

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Auction volumes are set to ease a little this week

CoreLogic RP Data National Auction Preview, week ending 22 November 2015 Last week, the combined capital city auction clearance rate increased slightly, up from 61.4% the previous week to 62.3%. Over the week there were 3,274 auctions held which was the second highest number of auctions over a week this year.  CoreLogic RP Data captured […]

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