Posts Tagged ‘CoreLogic’

Investor Activity Softens

CoreLogic’s latest report on Investor Activity in the Australian Property Market reveals that there hasn’t just been a softening during the COVID19 pandemic; in fact, investor activity has been falling since early 2015, across all Australian states.

The main reason attributed to this is the macro-prudential policies that were implemented in Australian mortgage lending, which did tighten lending criteria and exclude some would-be investors from commencing or growing their portfolio.

The latest … Read the full post »

Australian Property Market Update

CoreLogic has just released the latest Australian Property Market Report reflecting on activity and prices across the nation in September, and whilst last month home values declined in Sydney and Melbourne; it is a mixed bag as the other six capitals all records a life in home values, and regional markets are continuing to perform strongly.  See below graph (source: CoreLogic)

At … Read the full post »

Regional Housing Market and COVID-19

Whilst the unfolding events surrounding the COVID-19 pandemic continue to escalate in Victoria, along with pockets of outbreak in New South Wales; Queensland is still faring very well in comparison, and our state government continues to monitor the situation closely.

The million-dollar question is ‘what impact is this having on the property market’?  Well, there has been a noticeable slowdown in Victoria in particular, as well as a drop in prices.  … Read the full post »

Sharp Fall in Housing Finance

The latest figures released by the Australian Bureau of Statistics (ABS), reports a record 11.6% drop in new finance commitments for purchasing dwellings, in May 2020, the single largest monthly drop in 18 years.

Australia’s leading real estate portal CoreLogic, says the June results, when finalised could show a partial recovery.  The chart below shows the monthly value of new finance for housing from the ABS, against the number of property … Read the full post »