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The Latest Breaking News from CoreLogic

Hobart house values drop of 7pc a 'cooling' rather than a 'plummet'

Real estate agents say the era of FOMO — or fear of missing out — in the Hobart property market is over, with values dropping 7 per cent in 2022, but nothing like the plummet some predicted because of interest rate rises.

ABC News

Housing decline picks up speed again

Rising interest rates continue to shave value off Australia's property market, with Melbourne home prices closing in on pre-pandemic levels.

AAP

Australian housing values were down 5.3 per cent in 2022. Here's what's happening in your area

Australian housing prices were down 5.3 per cent over 2022, marking the first time housing values have fallen over the calendar year since 2018. Here's how your region fared.

ABC News

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New figures show how much ACT house prices dropped in 2022

The median house value for Canberra is sitting at $961,636.

The Canberra Times

‘Year of contrasts’: National housing values put the brakes on 32-year record growth

Last year saw two capital cities lead the first fall in national house values in four years, but the market hasn't sunk to pre-COVID levels.

The New Daily

The regional suburbs in Australia that have recorded the largest value growth since COVID-19 hit

Figures show the biggest changes in values for houses and units in regional areas since the pandemic hit.

ABC News

How house prices have changed in your suburb

The number of million-dollar house sales in the Hunter has ballooned by 268 per cent in the past two years.

Newcastle Herald

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What Australia's housing market has been doing over the past year

During 2022, eight successive rate rises to combat high inflation quickly hit the housing market, slowing 2021’s extreme growth and remaining at the centre of the fall in Australia’s home prices. So what's next?

ABC News

Suburbs drop out of million-dollar club

A new analysis reveals a huge difference in house price growth across the region over the past five years.

Newcastle Herald

Desperate search for homes as Hunter rental crisis deepens

Frantic applicants offer to pay extra each week to secure rental properties.

Newcastle Herald

Forced home sales set to rise as borrowers struggle with surging interest rates and mortgage repayments

Australian home owners are spending more of their income on mortgage repayments, and the pain is only set to worsen. Experts say some could be forced to sell.

ABC News

Pandemic house price gains slashed across Hunter: Full suburb list

Exclusive data reveals how much your house price has dropped since pandemic peak.

Newcastle Herald

Inflation dips in November, as gasoline savings eclipse grocery price increases

A new government report shows inflation cooled a bit in November. But prices are still climbing and the Federal Reserve is preparing to raise interest rates again.

WEKU

Property prices: The best, worst and most affordable suburbs heading into 2023

Australia’s housing market downturn has slowed in the run up to Christmas, but experts are divided about whether property prices will fall.

The New Daily

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AAP

Best home auction weekend since late May

The number of homes going under the hammer this weekend is up seven per cent and could prove a test of buyers' appetite for risk after this week's rate rise.

Newcastle Herald

CoreLogic report reveals region's rate rise sticker shock

Homeowners in Newcastle and Lake Macquarie could see their mortgage repayments increase by $1,192 a month when it comes time to refinance in 2023.

ABC News

The Australian suburbs where house and unit values have risen the most since COVID-19 hit

One capital city led the charge with eye-watering gains, and some suburbs posting almost 80 per cent growth in housing values since the onset of COVID-19.

Fortune

A 20% home price crash? These 7 forecast models can see it—where the other 13 leading models have the 2023 housing market going

Where 20 leading forecasters foresee home prices going in 2023.

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news in one place.

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Miami Herald

Hurricane Ian soaked Floridians. Many don’t have the right insurance to cover damage

Florida’s homeowners shell out thousands, even tens of thousands, for property insurance to protect themselves from fierce storms like Hurricane Ian.

Tribune News Service

Editorial: What is Florida’s plan for the next hurricane season?

Hurricane season officially ends this week. Thank goodness. Tampa Bay got lucky again — barely — but Hurricane Ian and then Nicole landed one-two punches on Florida and exposed different vulnerabilities.

ABC News

Here’s how Australian house and unit prices are looking in each capital city

The latest figures on Australia's house and unit prices are out. Here's what's happening in your capital city.

Newcastle Herald

House value falls ease up in Newcastle and Lake Macquarie

National dwelling values fell 1.0 per cent in November.

ABC News

Australian house prices fall seven months in a row but pace of decline slows

National house prices have fallen in November but the pace of decline has slowed as low stock levels persist and buyers push ahead with purchasing despite rising interest rates.

AAP

Home price downturn now more subdued

The residential property downturn endures for the seventh month in a row, although the pace of decline has started to wind back.

The New Daily

Property price falls slowing, but still far from over

Home owners have been hit hard as property prices plummet this year, but new data shows the fall is slowing down.

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