Property Pessimists wrong again – 0.4% fall in property prices in August

Australian home values moved through a fourth month of COVID-induced falls, with the CoreLogic home value index recording a 0.4% fall in August. Although housing values continued to trend lower from their pre-COVID highs, at least from a macro perspective, the rate of decline has eased over the past two months and five of the […]

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Understanding The Psychology Of Buying A Home

There’s no denying that buying a home is a big decision and yet you may be surprised by the number of people who are influenced by factors other than price, resale value and location. From the number of a house to a lick of new paint on the walls, it seems we are influenced by […]

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Who’s winning and who’s losing when they resell their properties in Sydney

Throughout the second quarter of 2019, the total value of resales for a profit in Sydney was $4.404 billion and the total value of resales at a loss was $178.7 million. Based on this data, Sydney accounted for 24.6% of all resales at a profit nationally over the quarter and 27.0% of the total value […]

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What’s the impact on Melbourne’s housing market likely to be as a new round of lockdown measures are implemented?

With Melbourne returning to lockdown conditions amidst an acceleration in virus cases, it’s worthwhile looking back at the housing markets performance through the earlier lockdown period. From midnight of July 8th, residents of Melbourne and the Mitchell Shire will be unable to leave their home unless they are shopping for essential items, seeking/giving medical care, […]

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The housing markets remain resilient and show only a mild decline for a second consecutive month

Following a 0.4% decline in May, the CoreLogic Home Value Index recorded a second consecutive month of falls, with the national index down 0.7% in June. Each of the five largest capital cities recorded a decline in home values over the month, ranging from a drop of 1.1% in Melbourne and Perth to 0.2% in […]

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Corelogic National Housing Market Update [video]

It’s great that, as a nation, we’ve flattened the virus curve back to virtually nothing over the past month and subsequently many of the social distancing policies that have impacted on housing markets and economic activity have either been relaxed or lifted. Some states have opened up their borders, and, in most areas, the number […]

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