Archive | November, 2016

trump

US presidency: A trump card for Aussie housing or a bad hair day?

A new leader of the world’s largest super power will always be accompanied by uncertainty, however the election of Donald Trump highlights (in the words of another Donald (Rumsfeld)) that “unknown unknowns” have been amplified.  This means uncertainty.  Trump is untested, unproven, and if the election campaign is anything to go by, spontaneous.  While Trump’s […]

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CoreLogic National Auction Preview, week ending 13 November 2016

Upcoming auctions: Auction volumes are set to rise this week with 2,613 capital city auctions currently being tracked by CoreLogic this week compared to 2,490 auctions last week. Auction volumes are set to ease this week in Sydney with 948 auctions scheduled compared to 1,063 last week. In Melbourne volumes are set to rise from […]

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Auction markets continue their strong run with the weighted preliminary clearance rate holding well above 70% for the 15th week running

Auction activity has continued to rise through in the final month of spring, however the number of auctions remains well below the highs recorded a year ago. The preliminary clearance rate was 77.5 per cent across 2,490 reported auction results. This is higher than last week’s final clearance rate of 74.4 per cent, with auction volumes […]

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Dwelling approvals ease in September on the back of a large fall in unit approvals

Building approvals data for September 2016 was released earlier this week from the Australian Bureau of Statistics (ABS).  In September, there were 18,945 dwellings approved for construction nationally which was the fewest monthly approvals since November 2015.  Dwelling approvals fell by -8.7% over the month and were -6.4% lower year-on-year. Looking specifically at house approvals, […]

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Commercial Auction Results – Week ending 28 October 2016

Preliminary results shows a higher volume of commercial auctions over the week ending 28th October, with the auction clearance rate decreasing slightly. Of the 66 reported commercial auctions, 65.1 per cent were successful, which is only marginally lower than last week’s 66.6 per cent of the 57 reported results. Over the corresponding period last year, […]

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Norwest Cityscope Quarterly Sales

Commercial Market Update – Norwest Cityscope

The latest research from Norwest Cityscope shows a decrease in the total value of sales over the last quarter. For the three months to October 2016, there were 29 sales at a total value of $17.8 million, compared to the 27 sales at a total value of $78.5 million for the three months to July […]

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Pyrmont-Ultimo Cityscope Quarterly Sales

Commercial Market Update – Pyrmont-Ultimo Cityscope

This quarterly update of Pyrmont-Ultimo Cityscope shows an increase in sales value, with a total of 51 sales at a value of $96.3 million, compared to 46 sales at a total value of $52.7 million for the quarter ending July 2016. The 12-month total sales figure stands at $380.6 million for the year ending October […]

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CoreLogic National Auction Preview, week ending 6 November 2016

Upcoming auctions: Auction volumes are set to rise across the combined capital cities this week with 2,327 auctions currently scheduled, up from 2,253 auctions last week. Sydney is set to host fewer auctions with 976 scheduled this week while in Melbourne auction volumes are set to rise with 883 auctions. Current auction volumes in Sydney […]

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