Archive | February, 2017

20170216 Capit city stats

CoreLogic National Auction Preview, week ending 19 February 2017

Upcoming auctions: There are 2,136 capital city auctions scheduled to take place this week, increasing from 1,591 last week, although predicted auction volumes are lower than the same week last year, when 2,347 auctions were held. In Melbourne and Sydney, auction activity is set to rise week-on-week, with 1,005 auctions scheduled to be held in […]

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Tourism boom: Short-term arrivals to Australia continue to grow at a faster pace than short-term departures, providing good news for the tourism sector

Earlier today the Australian Bureau of Statistics released overseas arrivals and departures data for December 2016.  The data is important because it provides insight around how many people are coming to and leaving from Australia.  It also provides some insight into where they come from, why they are coming to Australia, how long they intend […]

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20170213 Sydney

Preliminary clearance rates surges to 76.6 per cent as the number of auctions continues to trend higher

It has been strong week for auction activity across the capital cities, with the number of auctions more than doubling compared with last week in Sydney and Melbourne.  Despite the surge in the number of auctions held, the combined capitals region recorded a preliminary auction clearance rate of 76.6 per cent, up from last week, […]

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Mortgage demand for established housing stock continues to climb

Housing finance data for December 2016 was released earlier today by the Australian Bureau of Statistics.  Demand for mortgage finance continues to increase over the month reflective of the ongoing growth in home values currently being experienced. Unlike the rest of the charts throughout this post, the above chart does not use seasonally adjusted figures.  […]

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Commercial Auction Results – Week ending 3 February 2017

The week ending 3rd of February saw no preliminary auction results captured by CoreLogic in the commercial space, however, there were revisions to the previous week. The week ending 27th of January saw a revised increase in the number of commercial auctions. There were 9 properties offered at auction across Australia over the week, higher […]

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Pulse - BNSalesGrid

Commercial Market Update – Brisbane Cityscope

The latest research from Brisbane Cityscope shows property sale numbers have increased only slightly in the past three months although sales figures have significantly increased. The last three months to the beginning of February 2017 recorded 15 sales for a total of $330.6 million, with $191.2 million for commercial, $3.4 million for commercial strata, $99.6 […]

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Pulse - SHSalesGrid

Commercial Market Update – Brisbane Fringe Cityscope

The latest research from Brisbane Fringe Cityscope shows property sale numbers have increased slightly in the past three months and sales figures have significantly increased. The last three months to the beginning of February 2017 recorded 37 sales for a total of $313.1 million, with $262.6 million for commercial, $3 million for commercial strata, $3.5 […]

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20170209 Timeseries Cap city

CoreLogic National Auction Preview, week ending 12 February 2017

Upcoming auctions: The combined capital cities are set to see a significant increase in auctions over the week, with 1,500 scheduled to take place, up from last week’s 881. With the ramp up in auction activity, the number of properties set to go to auction this week is higher than the same week last year […]

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Since 2008 only four capital cities have recorded real growth in home values

With the Australian Bureau of Statistics releasing the Consumer Price Index for the December 2016 quarter recently, using the CoreLogic Home Value Index we can adjust changes in dwelling values for the effects of inflation.  The value of looking at inflation-adjusted or ‘real’ home value changes is that it highlights whether housing values are moving […]

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20170206 Sydney

Auction volumes double over the week, coming out of the seasonal slowdown

The auction market will start to gather momentum coming into February after the seasonal slowdown over the holiday period, with auction numbers doubling over the week across the combined capital cities. There were 867 auctions being tracked by CoreLogic this week, with a preliminary clearance rate of 70.8 per cent, compared to last week’s 71.6 […]

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