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The Latest Breaking News from CoreLogic

Australia records largest drop in house and unit values within one year, CoreLogic data shows

Australia records its largest decline in house and unit values, according to CoreLogic data, with a drop of 7.9 per cent in a year.

ABC News

Fletcher home sets suburb record with $1.75 million sale

The sales smashed the previous record of $1.6 million.

Newcastle Herald

Toowoomba housing market remains strong as rising interest rates fail to deter buyers

A tenth consecutive rate rise has done little to deter couples like Anisia and Nathan from owning their own home in Toowoomba, where prices remain 30.4 per cent higher than at the onset of COVID-19.

ABC News

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CoreLogic and KPMG make bold housing market calls

CoreLogic thinks U.S. home prices have bottomed, while KMPG expects a 2008-style decline in 2023.

Fortune

Rentals under $400 disappearing as prices surge

Affordable rentals are becoming increasingly hard to find as strong demand for rental accommodation continues to outstrip supply.

AAP

Under the hammer: Lambton home doubles in value in less than five years

The sellers purchased the home in 2018 for $830,000.

Newcastle Herald

Data error causes some homeowners to get tax delinquency notices from banks

Thousands of Cook County property owners got an unnecessary shock in the mail last week, just days before this year’s first-installment bills were sent out.

Chicago Sun-Times

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Hundreds of Sydney real estate agents on notice for breaching new rent bidding rules

Fair Trading officials will start attending open house inspections after hundreds of real estate agents were issued with warnings for breaching new rent bidding rules.

ABC News

The Canberra suburbs where home values have risen, despite the downturn

One previously 'undervalued' suburb saw nearly 9 per cent growth in the past year.

The Canberra Times

Newcastle house prices up but it might be short-lived

The median house value is $818,893.

Newcastle Herald

'Recession risks are rising' but the latest GDP numbers are expected to show 'solid' growth

The latest economic growth figures are expected to show a robust economy. But the outlook for 2023 is far less rosy, warn many analysts.

ABC News

House price falls ease in February with Sydney posting a rise as real estate listings dry up

A lack of properties for sale and the first rise in Sydney home prices in more than a year stabilise real estate values across the nation. But for how long?

ABC News

Home price slide loses momentum as new listings tighten

The downturn in housing prices appears to be easing but experts say it's too soon to say if it's bottoming out or has further to fall.

AAP

Falls in home prices are slowing, but have not hit rock bottom

Tight housing stock has muted home value falls, but experts warn this isn't the end of the road for declines this year.

The New Daily

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ABC News

Global cities may hold solutions to Sydney's housing crisis, but will the Harbour City pay attention?

Renting and buying in the Harbour City has never been less affordable, but the solutions to the deepening crisis could be staring us right in the face.

ABC News

Bob has no idea where he will be living in six weeks as Sydney's rental crisis hits hard

Bob Davis is being evicted from his Sydney rental home of 30 years and doesn't like his chances of finding something else in the city's white-hot market. Housing policy has become a battleground ahead of the state election.

Newcastle Herald

'The market is forever changing': Property prices adjusted in Newcastle's top end to meet the market

The house was previously on the market for 127 days.

ABC News

Share houses make comeback as rental crisis continues and people lease out spare rooms

The demand for share houses is back to pre-pandemic levels as vacancy rates sit at historic lows and rent and cost-of-living pressures eat into Australians' budgets.

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ABC News

Byron Bay property prices plunge as some regions buck trend, according to CoreLogic data

In a case of what goes up must come down, property prices in Byron Bay have plunged 25 per cent in the past 12 months. But not all regions have fallen. Here's how they performed.

Newcastle Herald

Expensive houses cop biggest Hunter property price hit

A buyer's agent says vendors' price expectations have not shifted with the market.

AAP

Albanese calls out Greens 'fantasy' housing idea

A multi-billion dollar plan for social and affordable housing could be derailed if the federal government is unwilling to work with the Greens on changes.

The Guardian - AU

Soaring property prices in Australia’s most sought-after regional areas come tumbling down

Rising interest rates and city folk staying put post-lockdowns reverse real estate demand, new data reveals

The New Daily

‘Swift and significant’: Plunge in regional property prices as pandemic migration ends

An Australian "love affair" with moving out of cities has ended, with regional areas suffering sharp declines in property prices.

Fortune

Zillow says the home price correction is winding down—here’s what 28 other forecast models have to say

Fortune once again tracked down the latest home price forecasts from 29 of the nation's leading real estate researchers.

Newcastle Herald

Fancy a dip? Cooks Hill house with 23-metre lap pool listed for sale

The property is listed for sale with a guide of $3.75m to $4m.

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