Archive | July, 2016

2016_07_22_Auction_Graph

Commercial Auction Results – Week ending 22 July 2016

The preliminary clearance rate over the week ending 22 July was 56.5 per cent, up from 44.7 per cent over the previous week. There were 23 commercial auctions reported last week, compared to 38 the previous week and 41 at the same time last year, when just over half of all reported auctions cleared (51.2 […]

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Norwest Cityscope Quarterly Sales graph

Commercial Market Update – Norwest Cityscope

The latest research from Norwest Cityscope shows an increase in the total value of sales over the last quarter. For the three months to July 2016, there were 27 sales at a total value of $78.5 million, compared to the 35 sales at a total value of $58.5 million for the three months to April […]

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Docklands Cityscope Quarterly SAles graph

Commercial Market Update – Docklands Cityscope

The latest research from Docklands Cityscope shows that commercial property sales have decreased in number but increased in total sales value. For the quarter to July 2016, there were 7 sales at a total sales value of $28.2 million, compared to 11 sales at a total value of $4.2 million for the previous quarter. The […]

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Pyrmont-Ultimo Cityscope Quarterly Sales graph

Commercial Market Update – Pyrmont-Ultimo Cityscope

This quarterly update of Pyrmont-Ultimo Cityscope shows an increase in sales value, with a total of 46 sales at a value of $52.7 million, compared to 42 sales at a total value of $30.1 million for the quarter ending April 2016. The 12 month total sales figure stands at $548.1 million for the year ending […]

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Chart 4

Real home values have continued to surge in Sydney and Melbourne

Earlier this week the Australian Bureau of Statistics (ABS) released consumer price index (CPI) data for the June 2016 quarter.  The data showed that inflation rose by 0.4% over the quarter, however over the 12 months to June 2016, inflation has only increased by 1.0%, its lowest annual increase since June 1999. From a housing […]

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20160728 cc graph

CoreLogic National Auction Preview, week ending 31 July 2016

Upcoming auctions: CoreLogic is this week tracking an increase in auction activity across the combined capitals with 1,489 auctions currently scheduled, up by more than 10 per cent when compared to last week (1,329). Despite the weekly increase, auction activity remains well below the levels seen last year, when 1,903 auctions were held over the […]

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Chart 3

$2 million dollar dwelling sales becoming more common as home values move into their fourth year of growth

With the national housing market having experienced more than four years of ongoing value rises, affordability in certain areas is deteriorating and sales that were once considered to be at the top end of the market are now becoming more common.  With housing becoming more expensive, there has been a substantial rise in the number […]

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20160725 capital city

Auctions markets remain firm with the combined capitals preliminary clearance rate remaining higher than 70 per cent for the third week running

This week 1,295 auctions were held across the capital cities, with 1,076 reported results so far.  The preliminary clearance rate of 70.7 per cent is roughly the same when compared with last week’s result which showed 70.5 per cent of the 1,391 capital city auctions cleared.  Melbourne and Sydney are once again showing the strongest […]

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Pulse -NSSalesGrid

Commercial Market Update – North Sydney Cityscope

The latest research from North Sydney Cityscope shows sales have increased in total value in the quarter to July 2016. Sales recorded in the most recent quarter totalled $430.7 million from 67 sales, an increase in total value compared to the $420.8 million from 42 sales in the quarter to April 2016 and the $232.1 million […]

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Sydney Units Cityscope Quarterly Sales

Commercial Market Update – Sydney Units Cityscope

The latest research from Sydney Units Cityscope shows that residential property sales in Sydney’s CBD have increased in both number and total value in the last quarter, primarily due to two apartment buildings in Barangaroo having been completed. There were 296 sales at a total value of $462.8 million in the three months to July […]

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