Latest Property News

Second Consecutive Decline In Monthly Lending Volumes

By Peter Sarmas on 11 Aug 2015 No Comments

ABS housing finance figures released in August show that the total number of new home loans declined again during June. Senior Economist Shane Garrett from the (HIA) Housing Industry Association comments on the second consecutive decline in monthly lending volumes and how it affects new home building. ...

Melbourne Auction Results 10th August 2015

By Peter Sarmas on 9 Aug 2015 No Comments

This weekend was earmarked as the luckiest day on the real estate auction calendar for chinese vendors and buyers, the 8th of the 8th. In this week's market wrap Peter Sarmas looks at the weekend's action results and discusses the RBA rate decision and how it affects the property market. ...

Melbourne Property Market Update – August 8th, 2015

By Peter Sarmas on 8 Aug 2015 No Comments

The Housing Industry Association's affordability index fell by 2.9 per cent to 79.7 in the June quarter, signalling a deterioration in affordability. In this week's property market update we talk about housing affordability in capital cities compared to regional Australia. We also reveal the owner of Australia's richest house. ...

Property Listings Rise in July

By Louis Christopher on 5 Aug 2015 No Comments

In Sydney and Melbourne the rise in listed properties recorded are the largest for the month of July since SQM’s listings records begun in 2008. What is driving these abnormal sale listing figures when they are generally subdued for this time of the year? Louis Christopher reports on National property listings and asking prices. ...

CoreLogic RP Data Hedonic Home Value Index, July 2015 Results

By CoreLogic RP Data on 4 Aug 2015 No Comments

Melbourne and Sydney continued to set a rapid pace for capital gains in July, pushing the CoreLogic RP Data Home Value Index 2.8% higher over the month and 11.1% higher over the past year. Read the full CoreLogic RP Data Hedonic Home Value Index, July 2015 Results. ...

Melbourne Auction Results – August 3rd, 2015

By Peter Sarmas on 2 Aug 2015 No Comments

What is causing housing affordability to deteriorate? In this week's property market wrap Peter Sarmas looks at the HIA Affordability Index for the June quarter. He also analyses a worrying trend in Melbourne's property market highlighting buyers lack of due diligence when purchasing their new home or investment property. ...

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