Archive | April, 2017

20170413 region

CoreLogic National Auction Preview, week ending 16 April 2017

Upcoming auctions Given the upcoming Easter long weekend, auction volumes are significantly lower this week with only 426 capital city auctions scheduled; a much lower number than last week when 3,517 were held across the capital city auction markets in the lead up to the long weekend, and lower than this time last year when […]

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April Commercial Auctions_state summary

Commercial Auction Results – Week ending 9 April 2017

CoreLogic captured 48 auction results in the first week of April, with a preliminary clearance rate of 75%. This is slightly stronger than the sales results collected in the same week of 2016, in which 42 auctions were held with a clearance rate of 67%. The combined worth of the collected sales results was $76.4 […]

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Pulse - ESSalesGrid

Commercial Market Update – Eastern Sydney Cityscope

The latest research from Eastern Sydney Cityscope shows property sales have decreased in the past three months. Sales recorded in the quarter ending April 2017 totalled $141 million, a decrease from the $381.6 million recorded in January 2017 but an increase from the $119.1 million recorded to October 2016. This data brings the 12 month […]

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Pulse - SKSalesChart

Commercial Market Update – St Kilda Road Cityscope

The latest research from St Kilda Road Cityscope shows property sales value has decreased in the past three months. Sales recorded in the quarter ending April 2017 totalled $294.1 million from 367 sales, a decrease from the 162 sales totalling $409.5 million recorded to January 2017. This data brings the 12-month total to $879.5 million from […]

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chart 4

Investor lending slows in February before the APRA crackdown was announced

It seems that lenders were already scaling back their appetite for investment lending as early as January this year, with the value of housing finance commitments for investment purposes falling by almost 6% in February; the largest fall in lending for investment purposes since September 2015.  While this is only one month of data, it […]

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20170410 Sydney

The busiest week for auctions so far this year returns a preliminary clearance rate of 77.6 per cent

Auction activity ramped up across the combined capital cities this week in the lead up to Easter, with 3,424 homes taken to auction this week, recording the highest volume of auctions year-to-date. The preliminary clearance rate remains strong despite the increase in volumes over the week, with 77.6 per cent of auctions reporting as successful. […]

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chart 4

The mortgage lending landscape has changed substantially over the past week

On Friday of last week the banking regulator, the Australian Prudential Regulation Authority (APRA) wrote to all authorised deposit-taking institutions (ADIs) announcing further measures to reinforce sound residential mortgage lending practices.  Since then we have seen the CoreLogic home value index showing that capital city dwelling values are increasing at their fastest annual pace since […]

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2017_03_31_Auction_Table

Commercial Auction Results – 31st March 2017

CoreLogic captured 35 auction results across Australia in over the 25th to the 31st of March. The preliminary clearance rate for the week was 85.7% across Australia, 100% in NSW and 92.9% in Victoria. Queensland also saw one sale at auction and one property passed in. While the preliminary results show listings are 30% down […]

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20170406 SubRegions

CoreLogic National Auction Preview, week ending 9 April 2017

Upcoming auctions The combined capital cities are set to see a significant increase in auctions over the week, with 3,275 scheduled to take place, up from last week’s 2,657. The number of auctions scheduled to take place this week is expected to increase across all of the capital cities with the exception of Brisbane, where […]

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20170403 Sydney

Preliminary clearance rate remains strong, while auction volumes fall

The combined capital city preliminary clearance rate remains in the mid-high 70 per cent range for another week, while auction volumes decrease week-on-week. There were 2,646 properties taken to auction this week, down from 3,171 last week, when auction volumes reached their second highest level so far this year. Despite auction volumes shifting generally higher […]

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