John McGrath – The most popular regions with relocating city dwellers
People leaving the capital cities for regional areas are predominately choosing to move to regional NSW, Queensland and Victoria, with the Sunshine Coast and Gold Coast the most favoured destinations today, according to new figures published by the Regional Australia Institute (RAI).
Auction volumes hold steady week-on-week across the combined capitals - Corelogic
There are 1,980 capital city homes currently scheduled for auction, similar to last week (1,985) although up from this time last year when 1,708 auctions were held.
Sydney, Brisbane and Adelaide markets top chart for highest annual dollar value growth - CoreLogic
CoreLogic Head of Research Eliza Owen said some of the best value markets have floated to the top of the league tables when it comes to percentage capital growth.
Solid bounce back in preliminary clearance rate to 75.9% - CoreLogic
The preliminary combined capitals clearance rate recorded a solid bounce last week, rising to 75.9% from 71.1% the previous week (revised down to 64.8% once finalised which was the lowest auction clearance rate so far this year excluding the volatility from early-to-mid January).
John McGrath – Get ready for post-holiday listings surge
We see a backlog of new sales campaigns being launched in the first week back after school holidays. The backlog is created by agents delaying the commencement of campaigns until after the school break.
Savvy buyers looking to take advantage of window of opportunity between autumn’s public holidays - Raine & Horne
Angus Raine, Executive Chairman of Raine & Horne, believes the real estate market in Australia presents a unique window of opportunity for homebuyers this autumn.
John McGrath – Demographic trends influencing housing prices
According to the Australian Bureau of Statistics (ABS), Australia’s population grew by 2.5% to 26.8 million over the 12 months to September 2023. That equated to a net annual increase of 659,800 people, and 548,800 of them were migrants.
CoreLogic Home Value Index rises 1.6% in March quarter, adding around $12k to dwelling values
CoreLogic's national Home Value Index (HVI) rose 0.6% in March, on par with February’s increase, taking the current upswing in housing values through its 14th straight month of growth says CoreLogic's research director, Tim Lawless.