Archive | April, 2016

Melbourne Cityscope Quarterly Sales

Commercial Market Update – Melbourne Cityscope

The latest research from Melbourne Cityscope shows that commercial property sales have decreased in the past three months. Sales recorded in the quarter ending March 2016 totalled $800.9 million, a decrease from the $935.1 million in sales recorded in the three months to December 2015 and significantly from the $3.525 billion recorded in the three months […]

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Wellington Cityscope Quarterly SAles

Commercial Market Update – Wellington Cityscope

The latest research from Wellington Cityscope shows that commercial property sales have declined over the last quarter. There were 16 sales at a total value of $106.1 million for the most recent quarter, compared to 25 sales at a total value of $143.4 million for the quarter to January 2016, and 25 sales at a total […]

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20160407 cc table

CoreLogic RP Data National Auction Preview, week ending 10 April 2016

Upcoming auctions: The number of homes being taken to auction is continuing to increase with 1,677 capital city homes scheduled to go under the hammer this week. While Sydney had more auctions than Melbourne over the past two weeks, this week, Melbourne’s auction activity is set to rise, bringing the total number of residential auctions […]

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Chart 7

Dwelling approvals rise in February but continue to trend lower

The Australian Bureau of Statistics (ABS) released building approvals data for February 2016 yesterday.  Over the month there were 18,252 dwellings approved for construction which represents a 3.1% increase in approvals.  Although approvals increased over the month, they continue to trend lower after peaking in March of last year.  In fact, dwelling approvals in February […]

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20160404 Sydney

Preliminary clearance rate slips to 67.0 per cent

The amount of auction activity across the capital cities increased substantially this week, up from 554 auctions held the previous week to 1,543 held this week. At the same time last year it was the long weekend for Easter, so auction volumes were lower, with 653 homes taken to auction across the combined capitals. This […]

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