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Blog Entries by Tim Lawless

$2 million dollar dwelling sales becoming more common as home values move into their fourth year of growth

Tim Lawless    |    International

Annual Number of Sales

With the national housing market having experienced more than four years of ongoing value rises, affordability in certain areas is deteriorating and sales that were once considered to be at the top end of the market are now becoming more common. With housing becoming more expensive, there has been a substantial rise in the number of homes selling for, or in excess of, $2...

Housing Market Update Across Australia: February 2016

Tim Lawless    |    International, Videos

The capital city housing markets started the year off on a positive note with dwelling values rising by 0.9 percent in January. The month on month lift in dwelling values wasn’t enough to offset the weaker readings in December and November which dragged the rolling quarterly rate of capital gain down 0.6 percent.

© 2016 CoreLogic, Inc. All rights...

7 Signs That the Australian Housing Market May Be Peaking- Part 1

There are mounting signs that Australia’s housing market may be moving through the peak of the cycle.

Tim Lawless    |    International

Rolling annual change in house and unit values combined capital cities

There are mounting signs that Australia’s housing market may be moving through the peak of the cycle, however it is important to remember that strong housing market conditions have been evident in Sydney and Melbourne while every other capital city has shown relatively sedate conditions. CoreLogic’s September indices results, released two weeks ago, showed that Sydney dwellings...

7 Signs That the Australian Housing Market May Be Peaking- Part 3

There are mounting signs that Australia’s housing market may be moving through the peak of the cycle.

Tim Lawless    |    International

Annual change in rents vs gross rental yield combined capital cities

Weekly rents are hardly moving and gross rental yields have pushed to record lows

Across the combined capital cities, weekly rents have increased by only half a percent over the past twelve months. At a time when capital city dwelling values have increased by 11.0%, the sluggish pace of rental movements has pushed rental yields to the lowest level on...

7 Signs That the Australian Housing Market May Be Peaking- Part 2

There are mounting signs that Australia’s housing market may be moving through the peak of the cycle.

Tim Lawless    |    International

Compared with same time last year

Listing numbers are rising
While it’s normal for listing numbers to ramp up during the Spring season, the number of new listings being added to the Sydney housing market is now 4.4% higher than last year and total listing are nearly 6% higher than a year ago suggesting new advertised supply isn’t being absorbed as fast as a year ago. The same trend of...