Archive | August, 2016

Chart 5

New lending to investors and interest-only lending jumps over the June 2016 quarter

The Australian Prudential Regulation Authority (APRA) released its June 2016 quarter property exposures data earlier this week.  The data looks at exposure to the property market by Australian Authorised Deposit-taking Institutions (ADI).  It’s valuable because it provides deeper insight into lending from mortgage lenders which isn’t available from the Australian Bureau of Statistics (ABS) monthly […]

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20160829 Brisbane

As winter draws to an end, auction volumes begin to rise and clearance rates remain high

There were 2,113 auctions held across Australia’s capital cities this week, a rise from last week (1,795), yet lower than the 2,654 auctions held at the same time last year. It is expected that auction activity will begin to pick up as we head into the spring selling season. The preliminary auction clearance rate was […]

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Where to for the housing market in Spring?

The housing market appears to be responding to a number of factors which have spurred further growth in home values.  Official interest rates are at historic low levels which has encouraged borrowing for housing and driven housing debt to record-high levels.  The low interest rate setting is also seeing significant competition amongst lenders which has […]

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2016_08_19_Auction_Table

Commercial Auction Results – Week ending 19 August 2016

Preliminary results show a clearance rate of 65.6 per cent across 32 commercial auctions for the week ending 19 August, which represents an increase in the clearance rate, from 57.5 per cent the previous week across 40 results. The latest result is also a higher reading when compared to the corresponding week last year, when […]

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Burke Road Cityscope Quarterly Sales

Commercial Market Update – Burke Road Cityscope

The latest research from Burke Road Cityscope shows commercial property sales for the most recent quarter have increased in both number and total sales value. For the three months to August 2016, there were 8 sales at a total value of $19.6 million, compared to 4 sales at a total value of $5.3 million for […]

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Chapel Street Cityscope Quarterly Sales

Commercial Market Update – Chapel Street Cityscope

The latest research from Chapel Street Cityscope shows commercial property sales for the most recent quarter have increased in total sales value but fallen in number. For the three months to August 2016, there were 8 sales at a total value of $224.1 million, compared to 13 sales at a total value of $131.2 million […]

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Southbank Cityscope Quarterly Sales

Commercial Market Update – Southbank Cityscope

The latest research from Southbank Cityscope shows property sales have significantly increased in the past three months. Sales recorded in the quarter ending August 2016 totalled $952.6 million, an increase from the $187.9 million recorded in the three months to May 2016 and the $552.1 million recorded to February 2016. This data brings the 12 month total […]

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20160625 sub-region table

CoreLogic National Auction Preview, week ending 28 August 2016

Upcoming auctions: There are almost 2,000 capital city auctions scheduled to take place this week, rising from 1,795 last week, but remaining lower than one year ago, when 2,654 auctions were held. Of the current 1,972 auctions being tracked by CoreLogic, 1,002 are in Melbourne and 691 are in Sydney, representing a week-on-week rise in […]

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20160822 capital city

Capital city clearance rate rises to the highest reading this year

This week, 1,747 capital city auctions were held and preliminary results show that 1,485 auctions have been reported so far, with a preliminary clearance rate of 76.6 per cent, rising from 75.0 per cent last week across 1,471 auctions. This week’s clearance rate is comparable to one year ago, when 72.9 per cent of capital […]

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Chart 3

A look at mortgage lending across the states and territories

Late last week the Australian Bureau of Statistics (ABS) published lending finance data for June 2016.  When this data is paired with housing finance data it provides valuable insights about the value of housing finance commitments across each state and territory. According to the data across the combined states and territories there was $34.8 billion […]

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