Archive | April, 2016

Chart 7

Why it could be Hobart’s time to shine

The Hobart housing market has been the nation’s weakest performing capital city housing market for more than a decade.  There are now signs that the Hobart (and Tasmania’s) housing market may be in line for a steady improvement. Over the 12 months to March 2016, home values in Hobart have increased by 4.8% while over […]

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20160418 capital city

Capital city clearance rate below 70 per cent for three weeks running

This week 1,667 capital city auctions were held, less than last week (1,831)  and also less than one year ago (2,603). Auction volumes were substantially higher last year as there were only two weeks between the Easter long weekend and the ANZAC day weekend. Preliminary results show that 68.6 per cent of auctions were successful […]

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2016_04_08_Auction_Table

Commercial Auction Results – Week ending 8 April 2016

Preliminary results over the week ending 8 April 2016 show that 71.4 per cent of the 35 reported commercial auctions were successful. Auction volumes were substantially higher over the week, with just 9 results reported for the week ending 1 April 2016. At the same time last year, 14 results were reported with a clearance […]

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20160414 cc table

CoreLogic RP Data National Auction Preview, week ending 17 April 2016

Upcoming auctions: This week 1,559 capital city auctions are scheduled, compared to 1,831 last week and 2,603 at the same time last year. In 2015 there were only two weeks between the Easter long weekend and the ANZAC day weekend, therefore auction volumes appeared to be significantly higher than we are currently seeing. Adelaide and […]

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St Kilda Road Cityscope Quarterly Sales graph

Commercial Market Update – St Kilda Road Cityscope

The latest research from St Kilda Road Cityscope shows property sales have decreased in the past three months. Sales recorded in the quarter ending April 2016 totalled $104 million from 101 sales, a decrease from the 185 sales totalling $237.8 million recorded to January 2016. This data brings the 12 month total to $806.9 million from 706 […]

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Eastern Sydney Cityscope Quarterly Sales graph

Commercial Market Update – Eastern Sydney Cityscope

The latest research from Eastern Sydney Cityscope shows commercial property sales have decreased in the past quarter. Sales recorded in the three months to April 2016 totalled $82 million, down from the $148.7 million recorded in the three months to January 2016. The total number of sales is also down, with 31 recorded in this […]

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Chart 5

Housing finance commitments rise in February however, the value of commitments is still below its peak

Housing finance data for February 2016 was released earlier today by the Australian Bureau of Statistics (ABS).  According to the data, the total value of housing finance commitments over the month was $32.8 billion which was 2.6% higher over the month and 6.0% higher year-on-year.  Although the value of housing finance commitments is higher over […]

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20160411 capital city

Clearance rates strengthen slightly as auction activity rises

For the second week in a row, auction volumes have risen, with 1,809 auctions held across the combined capital cities, higher than 1,582 last week and 1,674 at the same time last year. Preliminary results show that across the 1,438 reported results, 67.8 per cent were successful this week, shifting up from 66.6 per cent […]

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201604 national

New listing numbers trending higher in Melbourne, Brisbane, Adelaide and Canberra indicate strong vendor confidence

Over the 28 days ending 3 April 2016, total advertised housing stock levels were -4.2% lower on a national basis relative to last year, with the total volume of newly advertised listings being added to the market were -2.2% lower than a year ago. On the other hand, across the nation’s capital city markets, total […]

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2016_04_01_Auction_Table

Commercial Auction Results – Week ending 25 March 2016

Over the week ending 25 March 2016, a total of 51 commercial auction results have been reported with just under half (49 per cent) selling. Over the previous week, both auction volumes and auction clearance rates were higher, with 58 auctions held and a clearance rate of 55.2 per cent. At the same time last […]

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