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The Latest Breaking News from CoreLogic

ACT home values rise again, putting sellers back in 'driver's seat'

'Sluggish' selling conditions are starting to turn around.

The Canberra Times

More Australian homeowners offloading properties at loss as interest rate rises take toll, new data shows

Unit owners particularly vulnerable as profitable national housing sales sank to 92.3% in the three months to March 2023, according to CoreLogic data

The Guardian - AU

Looking for a housing price crash? That’s unlikely, real estate economists say

The nation‘s housing market is going through a correction, not a crash.

The Orange County Register

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Top FOMO suburbs: where no one is selling and demand is high

See our list of all 99 suburbs in Newcastle and Lake Macquarie

Newcastle Herald

Wealth rises with $140 billion property price surge in early 2023

Australia’s housing market has surged by $140 billion in early-2023 amid an extraordinary rebound in property prices.

The New Daily

Hundreds of Australian suburbs suffer double-digit rent hikes

Australia’s rental crisis has hit a fresh inflection point, with new figures showing more than 40 per cent of houses and units on the market have

The New Daily

Australia’s capital cities record largest ever annual rent increases as housing crisis worsens

Over 40% of suburbs recorded rental increases of 10% or more in the past year, according to CoreLogic

The Guardian - AU

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A quarter of homes are bought mortgage-free

The value of homes bought with cash is trending up, with the bulk of those purchases by older generations moving to the regions to retire.

The New Daily

Political point scoring over latest RBA rate rise won’t help those feeling the ‘painful squeeze’

How high must rates go to choke inflation? Blaming Labor’s budget, price-gouging businesses or the national wage increase isn’t an answer

The Guardian - AU

Queensland property prices tumbled after boom but now every region is rising again

The real estate rollercoaster continues as research shows house prices have been rising again throughout Queensland over the past three months.

ABC News

People are going homeless in this Victorian getaway spot. Could an Airbnb tax be the answer?

Getting a rental on the Mornington Peninsula has become difficult – but some are doubtful a state-imposed levy will help

The Guardian - AU

Mortgage affordability in ACT at its worst since 1990

It hasn't been this tough since 1990. The cash rate was 17 per cent at the time.

The Canberra Times

‘Toxic masculinity is alive and well,’ Liberal senator tells estimates – as it happened

This blog is now closed.

The Guardian - AU

National property price rebound gathering pace despite interest rate rises, with Sydney leading the recovery

National house prices lifted sharply in May, according to data from CoreLogic. Sydney continues to lead the recovery, with rises across the capital cities, as the number of properties advertised for sale fell further.

ABC News

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The New Daily

FOMO linked to surprise rebound in property prices

A fear of missing out (FOMO) is now creeping into the housing market as buyers navigate a surprise rebound in property prices.

The Guardian - AU

Rental units only $39 cheaper than houses per week as demand soars for affordable options

CoreLogic says units are now the only option for many tenants but supply is limited, forcing up rents

The New Daily

‘No short-term solution’: Grim data reveals worsening rental crisis

Australians embroiled in the housing rent crisis won’t experience relief anytime soon, as grim new data reveals just how bad it is.

ABC News

Family living in one room as new report shows 'extreme' rental stress gripping New South Wales

A new report from ANZ and CoreLogic shows since the pandemic rental prices have increased dramatically, and low-income earners would need to spend more than half their pay to secure a rental property.

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Newcastle Herald

Hunter rental stress well above national average

'There is a particular pain point for low-income households, which is leading to increased pressure on social housing providers and homelessness service providers.'

The Guardian - AU

Australia’s rental affordability drops to worst levels in nearly a decade

New report shows average households are spending a third of income on rent while lower income families pay more than half their earnings

ABC News

Adam Bandt says rents are rising six times faster than wages. Is that correct?

Greens leader Adam Bandt says rents are rising six times faster than wages. Is that correct? RMIT ABC Fact Check investigates.

Newsroom.co.nz

This is the biggest house sale loss – but worse is to come as interest rates rise

Today's Reserve Bank rates decision is heralded by economists as its most important since Covid. An anticipated OCR hike will put new pressure on mortgaged homeowners in election year. Jonathan Milne reports.

The Guardian - AU

‘Significant turnaround’ in Australian house prices defies predictions as demand rises

CoreLogic says if increase is maintained, prices will be 4% higher at the end of 2023, defying forecasts of falls of 10% or more

The Guardian - AU

Housing prices gain pace as auction listings increase across Australia’s capital cities

CoreLogic researcher Tim Lawless says current spike in migration countering effect of Reserve Bank’s rate hike earlier this month

The Canberra Times

What's hot: Clearance rates on the rise as regional auction numbers keep climbing

CoreLogic expert says auction activity across Australia's regional markets is on the rise.

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