Archive | December, 2015

20151206 clearance rate table

CoreLogic RP Data National Auction Preview, week ending 6 December 2015

Capital City auctions this week: Sydney: 1,088 Melbourne: 1,670 Brisbane: 210 Adelaide: 137 Perth: 85 Canberra: 122 Last week was the busiest week for auctions for the year with 3,729 capital city auctions held. The final auction clearance rate was 60.1 per cent. Auction volumes this week are set to fall, however the auction markets […]

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Chart 6

Dwelling approvals remain at near record high levels largely thanks to high-rise approvals

The Australian Bureau of Statistics (ABS) released building approvals data for October 2015 earlier today.  Focusing just on dwelling approvals, although they were slightly lower than the recent record high levels, the overall number of dwellings approved for construction remain extremely high from a historical standpoint. There were 19,652 dwelling approvals in October which was 3.9% […]

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201511 Capital City

A high volume of Sydney stock available for sale, while broadly speaking, new listings are lower than one year ago

There were a total of 249,133 residential properties available for sale across Australia as at the week ending 29 November 2015, with 110,884 capital city properties available for sale, indicating that total stock levels are -1.7 per cent lower than last year across the combined capital cities and -2.8 per cent lower nationally. Over the […]

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