Housing markets show different performances geographically as well as across product types and pricing points. Across the capital cities, a useful measure of capital gain across broad price points is our stratified hedonic index. The CoreLogic RP Data Stratified Hedonic Index looks at the movement in home values across three broad value based segments of […]
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Inflation adjusted home values: CPI came in low over the September 2015 quarter and real home values remain below their previous peak in all capital cities other than Sydney and Melbourne
The Australian Bureau of Statistics (ABS) released quarterly Consumer Price Index data for September 2015 earlier today. The data showed that headline inflation was recorded at 0.5% for the quarter and was 1.5% higher over the year. As the above chart shows, at 1.5%, headline inflation is below the Reserve Bank’s target range of between […]
The Australian Bureau of Statistics (ABS) released Housing and Occupancy Costs for the 2013-14 financial year late last week. The data is released every three years and provides some really valuable insights into the characteristics of households and how much they spend on housing costs. The first table shows weekly housing costs across household types […]
There’s been a number of articles this week about the peak of the Sydney market. It does look as if the market is at or slightly past its peak however, it is important to thoroughly investigate how the market is tracking currently. Values Sydney home values have increased by 17.6% over the 12 months to […]
Last week the Reserve Bank’s (RBA) Head of Financial Stability Luci Ellis gave an interesting speech entitled ‘Property Markets and Financial Stability: What We Know So Far,’ the speech can be downloaded here. In my opinion one of the more interesting pieces of analysis in the speech was the analysis of inner city housing prices […]
Consumer Price Index (CPI) or inflation data for the June 2015 quarter was released earlier this week by the Australian Bureau of Statistics (ABS). The data showed that over the quarter headline inflation increased by 0.7% and it was 1.5% higher over the year. Inflation is quite low at the moment and it is being […]
With plenty of talk about a housing bubble and home values climbing much higher in Sydney and Melbourne, housing is looking expensive to many Australians. Low interest rates and the strong gains in certain areas are making residential housing investment quite attractive for some which is one of the drivers resulting in increasing home values. […]
Sales data over the 12 months to March 2015 shows that there have been fewer homes sold across the combined capital cities for less than $200,000 than there have been homes sold for more than $1 million. As you would expect there is a growing proportion of sales in excess of $1 million in Sydney and […]
Last week the Australian Bureau of Statistics (ABS) released data which revealed that 48.7% of state and local government taxation revenue over the 2013-14 financial year came from property related taxes. The data showed that over the year, state and local governments collected a record $40.485 billion in taxes from property related sources. In comparison, […]
Measuring the cost of housing and housing affordability is such an abstract idea because it is not a one size fits all measure and there are so many factors which contribute to affordability or unaffordability. Most of the common measures have one or a number of glowing weaknesses which I will cover. Interest rates What […]
CoreLogic RP Data is Australia's #1 Property Information Provider. Our blog is maintained by CoreLogic RP Data’s research director, Tim Lawless and Cameron Kusher who is CoreLogic RP Data’s senior research analyst. We hope you find the information we post here useful and we welcome your comments and feedback.
Regards, The Team @ CoreLogic RP Data
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- RT @corelogicau: 7 signs that the housing market may be peaking | https://t.co/eoaNZKMaG4 #ausproperty #housingmarket 4 months ago retweeted via corelogicau
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- RT @insteconomics: Is the RBA sacrificing the inflation target on the alter of financial stability? https://t.co/lsObwNvsv7 3 months ago retweeted via insteconomics
- Final results show last week, Syd had its lowest auction clearance since last week of Mar-13 #ausbiz #ausproperty https://t.co/7ABoAGKOE9 3 months ago
- RT @FinancialReview: Why Chinese interest in #AusProperty is set to continue despite lull. https://t.co/dIjBA28EGp #ausbiz https://t.co/iml… 3 months ago retweeted via FinancialReview
CoreLogic RP Data on Twitter
- House sales are 2.4% higher over the year while unit sales are -7.9% lower | https://t.co/osAv281C99 3 months ago
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- Clearance rate improves after last week saw the lowest clearance rate in 73 weeks | https://t.co/FS6Nd9WAWc #auctions #ausproperty 3 months ago