• Home values increased by 0.9% in January however they were lower over the past 3 months
• House sales have levelled while unit transactions are trending lower
• Rental rates continue to increase at their slowest annual pace on record
• Selling time of homes is seeing a seasonal spike while discounting is also increasing slightly
• Listing values are starting to rise from their seasonal slumber and are higher than a year ago
Summary from this month's report
• Combined capital city home values increased by 0.2% in March with value rises recorded in Sydney, Adelaide, Perth and Darwin while values fell elsewhere
• Over the 12 months to March 2015 it is estimated that there were 340,255 houses and 132,359 units sold nationally
• Capital city rental rates have recorded a -0.2% fall over the past year which is their weakest conditions on record
• The typical capital city home is currently selling after 60 days on the market compared to 53 days a year ago
• Over the past 28 days there were 41,381 new homes listed for sale which is -2.2% lower than a year ago
• Official interest rates remained on hold in March with the market anticipating a 25 basis point cut to official interest rates by the end of this year
Selling time of homes has increased while discounting levels are falling
• The typical capital city house is currently selling at 43 days compared to 38 days a year ago while the typical capital city unit takes 40 days to sell compared to 39 days a year ago
• The average level of discount is recorded at 5.6% for houses and 5.3% for units compared to 5.8% for houses and 5.5% for units 12 months ago
• Auction clearance rates have rebounded in 2016 and were above 70% last week, averaging 68.6% so far this year
New listings are higher than they were a year ago while total listings are slightly lower
• Over the past 28 days there were 41,381 new homes listed for sale nationally and 27,073 listed across the capital cities
• New listings are 2.5% higher than they were a year ago nationally and 0.9% higher across the combined capital cities
• There were 241,633 total listings nationally over the past four weeks and 107,199 total capital city listings
• Nationally, total listings are -1.7% lower than a year ago while they are 5.1% higher across the combined capital cities
The latest Monthly Housing & Economic Chart Pack from CoreLogic provides a detailed national market update with a focus on capital city housing market conditions and performance over time. • Combined capital city home values increased by 1.4% in December 2016 with values higher across all capital cities except for Adelaide, Darwin and Canberra.
Throughout the 2016 calendar year, dwelling values increased by 10.9% which was their greatest calendar year increase since 2009.
"The rate of capital gains remains reasonably strong across the Australian housing market, at least at a macro level.
Based on the October results from the CoreLogic Hedonic Home Value Index, dwelling values moved half a percent higher over the month to be 2.7% higher over the quarter and 7.5% higher over the past twelve months."
The ISG Index™ provides a quarterly review of the state of the Global IT Services Market, covering both the traditional sourcing market and the fast-growing as-a-service (Infrastructure-as-a-Service and Software-as-a-Service) market. We cover data and trends for clients, service providers, analysts and the media. For more than a decade, it has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider performance.
Summary from this month's report
• Combined capital city home values increased by 0.2% in March with value rises recorded in Sydney, Adelaide, Perth and Darwin while values fell elsewhere
• Over the 12 months to March 2015 it is estimated that there were 340,255 houses and 132,359 units sold nationally
• Capital city rental rates have recorded a -0.2% fall over the past year which is their weakest conditions on record
• The typical capital city home is currently selling after 60 days on the market compared to 53 days a year ago
• Over the past 28 days there were 41,381 new homes listed for sale which is -2.2% lower than a year ago
• Official interest rates remained on hold in March with the market anticipating a 25 basis point cut to official interest rates by the end of this year
Selling time of homes has increased while discounting levels are falling
• The typical capital city house is currently selling at 43 days compared to 38 days a year ago while the typical capital city unit takes 40 days to sell compared to 39 days a year ago
• The average level of discount is recorded at 5.6% for houses and 5.3% for units compared to 5.8% for houses and 5.5% for units 12 months ago
• Auction clearance rates have rebounded in 2016 and were above 70% last week, averaging 68.6% so far this year
New listings are higher than they were a year ago while total listings are slightly lower
• Over the past 28 days there were 41,381 new homes listed for sale nationally and 27,073 listed across the capital cities
• New listings are 2.5% higher than they were a year ago nationally and 0.9% higher across the combined capital cities
• There were 241,633 total listings nationally over the past four weeks and 107,199 total capital city listings
• Nationally, total listings are -1.7% lower than a year ago while they are 5.1% higher across the combined capital cities
The latest Monthly Housing & Economic Chart Pack from CoreLogic provides a detailed national market update with a focus on capital city housing market conditions and performance over time. • Combined capital city home values increased by 1.4% in December 2016 with values higher across all capital cities except for Adelaide, Darwin and Canberra.
Throughout the 2016 calendar year, dwelling values increased by 10.9% which was their greatest calendar year increase since 2009.
"The rate of capital gains remains reasonably strong across the Australian housing market, at least at a macro level.
Based on the October results from the CoreLogic Hedonic Home Value Index, dwelling values moved half a percent higher over the month to be 2.7% higher over the quarter and 7.5% higher over the past twelve months."
The ISG Index™ provides a quarterly review of the state of the Global IT Services Market, covering both the traditional sourcing market and the fast-growing as-a-service (Infrastructure-as-a-Service and Software-as-a-Service) market. We cover data and trends for clients, service providers, analysts and the media. For more than a decade, it has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider performance.
Capital city dwelling values increase by 1.0% in September
The latest CoreLogic Hedonic Home Value Index reveals further gains across most capital city housing markets last month, taking the current growth phase into its 52nd month.
Optimism is in the air as we turn to face a new calendar year. As far as residential real estate goes, there is plenty to feel positive about. Buying and selling activity continued through the final months of 2015, and there's little reason to believe that trend will slow down during the first month of 2016. If anything, the past few years have indicated a tendency for listings and sales to increase in January.
The ISG Index™ provides a quarterly review of the state of the Global IT Services Market, covering both the traditional sourcing market and the fast-growing as-a-service (Infrastructure-as-a-Service and Software-as-a-Service) market. We cover data and trends for clients, service providers, analysts and the media. For more than a decade, it has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider performance.
The ISG Index™ provides a quarterly review of the state of the Global IT Services Market, covering both the traditional sourcing market and the fast-growing as-a-service (Infrastructure-as-a-Service and Software-as-a-Service) market. We cover data and trends for clients, service providers, analysts and the media. For more than a decade, it has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider performance.
Massachusetts statewide closed sales for condos and single family homesMichael Mahoney
Michael Mahoney, a Realtor with eXp Realty in Boston reports on statewide condo and home sales in Massachusetts.
Please feel free to call Mike @ 617-615-9435
www.realtormikemahoney.com
The ISG Index™ provides a quarterly review of the state of the Global IT Services Market, covering both the traditional sourcing market and the fast-growing as-a-service (Infrastructure-as-a-Service and Software-as-a-Service) market. We cover data and trends for clients, service providers, analysts and the media. For more than a decade, it has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider performance.
The global outsourcing market is constantly evolving. Keep pace with the change and capitalize on the latest trends with the ISG Index™.
The ISG Index™ provides a quarterly review of the state of the Global IT Services Market, covering both the traditional sourcing market and the fast-growing as-a-service (Infrastructure-as-a-Service and Software-as-a-Service) market. We cover data and trends for clients, service providers, analysts and the media. For more than a decade, it has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider performance.
July 2013's Monthly Indicators report - Boston Real Estate Market TrendsUnit Realty Group
Here's July 2013's Monthly Indicators report from the Greater Boston Association of Realtors.
What's going on in the Boston real estate market?
• July volume of closed sales (all property types) UP +17.2% over July, 2012
• July single-family market median sales price UP 4.5% over July, 2012
• July condo market median sales price UP 4% over July, 2012
January 2015 Greater Boston Real Estate Market Trends ReportUnit Realty Group
Here’s January 2015’s Monthly Indicators report from the Greater Boston Association of Realtors®
Boston Real Estate Market Trends:
January home sales closed lower compared to last year as low inventory and end of month snow pushed off some closings. Median prices continued to go up as supply continues to be down. Sellers are waiting out Mother Nature to add their homes to the market keeping new listings down in January.
• January single-family home sales – UP +0.3% over last year and median prices UP +8.4% at $493,000
• January condo sales DOWN -18.5% and median prices UP +9.9% at $454,750
• Inventory in January DOWN -15.6% to 1,714 and condominiums DOWN -27.6% to 991
• SF listings added to the market in January DOWN -0.8% over last year. (753 from 759 in 2014)
• Condo listings added to the market DOWN -10.5% over last year. (674 from 753 in 2014)
Capital city dwelling values increase by 1.0% in September
The latest CoreLogic Hedonic Home Value Index reveals further gains across most capital city housing markets last month, taking the current growth phase into its 52nd month.
Optimism is in the air as we turn to face a new calendar year. As far as residential real estate goes, there is plenty to feel positive about. Buying and selling activity continued through the final months of 2015, and there's little reason to believe that trend will slow down during the first month of 2016. If anything, the past few years have indicated a tendency for listings and sales to increase in January.
The ISG Index™ provides a quarterly review of the state of the Global IT Services Market, covering both the traditional sourcing market and the fast-growing as-a-service (Infrastructure-as-a-Service and Software-as-a-Service) market. We cover data and trends for clients, service providers, analysts and the media. For more than a decade, it has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider performance.
The ISG Index™ provides a quarterly review of the state of the Global IT Services Market, covering both the traditional sourcing market and the fast-growing as-a-service (Infrastructure-as-a-Service and Software-as-a-Service) market. We cover data and trends for clients, service providers, analysts and the media. For more than a decade, it has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider performance.
Massachusetts statewide closed sales for condos and single family homesMichael Mahoney
Michael Mahoney, a Realtor with eXp Realty in Boston reports on statewide condo and home sales in Massachusetts.
Please feel free to call Mike @ 617-615-9435
www.realtormikemahoney.com
The ISG Index™ provides a quarterly review of the state of the Global IT Services Market, covering both the traditional sourcing market and the fast-growing as-a-service (Infrastructure-as-a-Service and Software-as-a-Service) market. We cover data and trends for clients, service providers, analysts and the media. For more than a decade, it has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider performance.
The global outsourcing market is constantly evolving. Keep pace with the change and capitalize on the latest trends with the ISG Index™.
The ISG Index™ provides a quarterly review of the state of the Global IT Services Market, covering both the traditional sourcing market and the fast-growing as-a-service (Infrastructure-as-a-Service and Software-as-a-Service) market. We cover data and trends for clients, service providers, analysts and the media. For more than a decade, it has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider performance.
July 2013's Monthly Indicators report - Boston Real Estate Market TrendsUnit Realty Group
Here's July 2013's Monthly Indicators report from the Greater Boston Association of Realtors.
What's going on in the Boston real estate market?
• July volume of closed sales (all property types) UP +17.2% over July, 2012
• July single-family market median sales price UP 4.5% over July, 2012
• July condo market median sales price UP 4% over July, 2012
January 2015 Greater Boston Real Estate Market Trends ReportUnit Realty Group
Here’s January 2015’s Monthly Indicators report from the Greater Boston Association of Realtors®
Boston Real Estate Market Trends:
January home sales closed lower compared to last year as low inventory and end of month snow pushed off some closings. Median prices continued to go up as supply continues to be down. Sellers are waiting out Mother Nature to add their homes to the market keeping new listings down in January.
• January single-family home sales – UP +0.3% over last year and median prices UP +8.4% at $493,000
• January condo sales DOWN -18.5% and median prices UP +9.9% at $454,750
• Inventory in January DOWN -15.6% to 1,714 and condominiums DOWN -27.6% to 991
• SF listings added to the market in January DOWN -0.8% over last year. (753 from 759 in 2014)
• Condo listings added to the market DOWN -10.5% over last year. (674 from 753 in 2014)
Blackphone is a secured mobile phone, based on Android OS called PrivateOS. For serious people who are looking for privacy and security.
بلاكفون جوال آمن بنظام تشغيل أندرويد اسمه برايفت أو إس، وهو للمستخدمين الجادين والمهتمين بالخصوصية والأمان
Autumn Buyers Guide
Do your property buying research without having to spend your whole weekend searching the web. This reference guide for home buyers and investors from ING Direct will quickly bring you up to speed on house and unit prices and suburb affordability across Australia.
Monthly Property Market and Economic Update November 2019Gil Elliott
This month’s chart pack has been written by the Core Logic Research Team. Included below is a detailed overview of the key findings covered in this month’s report.
Based on the data dot points below it looks to be that prices are increasing, the cost of finance is at an all-time low, and people are not selling so stock is getting lower and harder to find.
The Australian Residential Property
Market and Economy
► Brisbane’s annual value growth has slowed from
+2.8% a year ago to +1.1% over the past year.
House values have risen by +1.2% over the past
year and unit values are +0.7% higher.
JLL Louisville Industrial Outlook Q3 2017 Ross Bratcher
Once viewed as a tertiary market and later defined as an emerging distribution hub, Metro-Louisville is now established as an Inland Port and garners the attention of institutional developers, investors and occupiers. Growth in the market has been driv0en by Louisville’s central location within the US as well as the three main employers: UPS, Ford Motor Co., and GE Appliances.
2016 Market Outlook Presentation by REALTOR.com's Jonathan SmokeJessKern
Start your 2016 with a look at what to expect in the residential and commercial real estate markets at our annual Market Outlook. Jonathan Smoke, Chief Economist with REALTOR.com, share his predictions for our industry’s top emerging trends and opportunities.
JLL Louisville Industrial Outlook - Q3 2016Ross Bratcher
Speculative development in River Ridge accelerates with the upcoming completion of the East End Bridge as 2.54 million square feet of space has delivered year-to-date in the submarket. Industrial employment growth receives a boost from Louisville’s “Big Three” (Ford, UPS, and GE/Haier). Developers are answering the call for new modern bulk warehouse product, construction is focused in the Southern Indiana, Airport, and Bullitt County submarkets.
“The only cities to see an increase in weekly rental rates were Sydney with an increase of 1.9%, Melbourne (2.2%), Hobart (0.6%) and Canberra (1.9%) while rates fell in Brisbane by (-0.3%), Adelaide (-0.2%), Perth (-8.0%) and Darwin (-13.3%),” Mr Kusher said.
Market Snapshot:
Combined capital city rental rates are $486/week for houses and $464/week for units
Dwelling rental rates across the combined capital cities are recorded at $483 per week and they have increased by just 0.3% over the past 12 months which is a record low rate of annual growth (result based on records back to December 1996).
The Australian Residential Property
Market and Economy
► Brisbane’s annual value growth has slowed from
+2.8% a year ago to +1.1% over the past year.
House values have risen by +1.2% over the past
year and unit values are +0.7% higher.
RBC Monthly Housing Report - November 2022.pdfVickyAulakh1
RBC Monthly Housing Report - November 2022. Canada’s housing market may be entering the latter stages of its cyclical downturn. The pace of decline is now slowing—there was even a tiny monthly increase in home resales nationwide in October—marking a notable shift from the deep fall in activity that took place over the spring and summer. Property values are still clearly coming down at this stage but last month’s drop was the smallest since May. While we continue to think an inflection point is some ways off, it does suggest most of the price correction is likely behind us—at least for Canada as a whole. Our view is that rising interest rates and the loss of affordability will keep market activity quiet into early-2023 and prices will bottom around spring. Home resales rose a slight 1.3% m/m in October across Canada to 424,600 units (seasonally adjusted and annualized). This potentially signals market activity is nearing a bottom after sliding 36% over the previous seven months. Among the small majority of local markets recording a monthly increase were Victoria (+19.7%), Vancouver (+6.5%), Edmonton (+3.3%), Saskatoon (+6.3%), Winnipeg (+2.2%), Hamilton (+1.7%), Saint John (+2.7%) and Halifax (+9.2%). Sales in Toronto and Calgary were essentially flat in the month (edging up just 0.2% in both cases), and fell further in Ottawa (-2.9%), Montreal (-2.4%) and Quebec City (-1.6%). The number of existing homes changing hands remained below—and often far below—year ago levels in virtually every market.
Home resales in Canada
Line chart with 226 data points.
Thousand units, seasonally adjusted and annualized
Source: Canadian Real Estate Association, RBC Economics
View as data table, Home resales in Canada
The chart has 1 X axis displaying Time. Data ranges from 2004-01-01 00:00:00 to 2022-10-01 00:00:00.
The chart has 1 Y axis displaying values. Data ranges from 198.4 to 768.1.
Australia's home prices likely rose at a slightly faster pace in August (+1%) compared with July (+0.8%), based on CoreLogic's daily 5 capital city index. Brisbane (inc Gold Coast) prices are up 1.4% with Sydney and Adelaide prices both 1.1% higher.
Adelaide and Perth are the only capital cities at new highs, Brisbane is still below it's high in March 2022 based on this data (which includes the Gold Coast), though on the ground in Brisbane we are seeing data points of new all time highs in our target areas.
CoreLogic Research Director, Tim Lawless, noted the most
substantial reduction in growth has occurred in Sydney.
“After leading the upswing, the monthly pace of growth in Sydney
housing values has halved from a recent high of 1.8% in May to 0.9%
in July. Sydney has also seen a significant rise in the number of
fresh listings added to the market, 9.9% higher than the same time
last year and 18.0% above the previous five-year average. An
increased flow of new listings provides more choice and may be
working to reduce some of the urgency felt among prospective
buyers,” he said.
Brisbane and Adelaide saw the monthly pace of growth
accelerate in July, leading the pace of gains across the capitals
with housing values up 1.4% across both cities. Although the trend
in new listings has risen in these cities, Mr Lawless said the number
remains well below levels from a year ago and the previous five
year average.
Canberra was the only capital city to record a decline in values in
July, down -0.1%, while Hobart values were unchanged.
The slowdown in value growth has mostly been driven by an
easing in gains across the upper quartile of the market.
Brisbane (1.4%)
CoreLogic’s national Home Value Index (HVI) has recorded a third consecutive monthly rise, with the pace of growth accelerating sharply to 1.2% in May.
After finding a floor in February, home values increased 0.6% and 0.5% through March and April respectively.
Sydney continues to lead the recovery trend, posting a 1.8% lift in values over the month, recording the city’s highest monthly gain since September 2021. Since moving through a trough in January, home values have risen by 4.8%, or the equivalent of a $48,390 lift in the median dwelling value.
Brisbane (1.4%) and Perth (1.3%) are the only other capitals to record a monthly gain of more than 1.0%, however, the rise in values was broad-based with the rate of growth accelerating across every capital city last month.
CoreLogic’s Research Director, Tim Lawless, noted the positive trend is a symptom of persistently low levels of available housing supply running up against rising housing demand.
“Advertised listings trended lower through May with roughly 1,800 fewer capital city homes advertised for sale relative to the end of April. Inventory levels are -15.3% lower than they were at the same time last year and -24.4% below the previous five-year average for this time of year,” he said.
“With such a short supply of available housing stock, buyers are becoming more competitive and there’s an element of FOMO creeping into the market. Amid increased competition, auction clearance rates have trended higher, holding at 70% or above over the past three weeks. For private treaty sales, homes are selling faster and with less vendor discounting.”
The trend in regional housing values has also picked up, with the combined regionals index rising half a percent in April, following a 0.2% and 0.1% rise in March and April.
“Although regional home values are trending higher, the rate of gain hasn’t kept pace with the capitals. Over the past three months, growth in the combined capitals index was more than triple the pace of growth seen across the combined regionals at 2.8% and 0.8% respectively,” Mr Lawless said.
“Although advertised housing supply remains tight across regional Australia, demand from net overseas migration is less substantial. ABS data points to around 15% of Australia’s net overseas migration being centered in the regions each year. Additionally, a slowdown in internal migration rates across the regions has helped to ease the demand side pressures on housing.”
Premium housing markets in Sydney continue to lead the recovery trend. After recording a larger drop in values, Sydney’s upper quartile (the most expensive quarter) stands out with the highest rate of growth, gaining 5.6% over the past three months compared with a 2.6% rise in more affordable lower quartile values.
“Buyers targeting the premium sector of the market are still buying at well below peak prices,” Mr Lawless said.
“Although values across more expensive homes are rising more rapidly, ......
January marked a new record for how much and how fast dwelling
values have fallen in Australia. Based on the monthly index, the
national HVI is down -8.9% since peaking in April last year, making this
the largest and fastest decline in values since at least 1980 when
CoreLogic’s records began.
So far, Brisbane (-10.8%*
) and Hobart (-10.8%) have registered the
largest declines on record for those cities. Sydney home values are down
-13.8% and not far from surpassing the 2017-19 drop of -14.9% to set a
new decline record.
The third edition of the CoreLogic
Women and Property report provides
an update to the state of home
ownership for men and women across
Australia and New Zealand as of
January 2023.
Best Regards,
Linda 姬琳达珍 and Carlos Debello (LREA)
LJ Gilland Real Estate Pty Ltd
Debello LREA推荐书LJ Gilland房地产
http://ljgrealestate.com.au/testimonials/
Via Corelogic RPData
2022 was a tumultuous year for Australia’s housing market.
Following outstanding capital growth over 2021 and into early 2022, successive interest rate rises, surging inflation, low consumer sentiment and deteriorating affordability drove a shift in the performance of residential real estate.
Today, we released our annual Best of the Best report; a seminal publication which sums up the country’s annual property performance and provides an outlook for the year ahead.
The national monthly increase of 1.3% is the slowest rate of growth since January 2021 when values rose 0.9%. The annual increase of 22.2% has added approximately $126,700 to the median value of an Australian home in the last 12 months.
Beyond the headline figure, capital city and regional home values are diversifying as stock levels rise and affordability decreases. Houses continue to outperform units, regional markets and rental growth remain strong and a rise in listings is contributing to a subtle softening in vendor metrics such as days on market and auction clearance rates.
Will it be a hot, warm or cool summer for the market?
Foreign nationals bought up more than $55.8 billion worth of Australian property during the last financial year, down 33% as the pandemic shut the country’s borders.
The Foreign Investment Board’s annual report shows property approvals were down again, having almost halved in the space of just four years.
The report shows Chinese investment was up 16% over the same period, while Queensland is quickly becoming a “top destination” for foreign investment.
According to a variety of reported opinions, it’s Brisbane’s time to shine. The city has seen a stop- start-stagnate property market for close to a decade, with myriad factors (floods, unit oversupply, high unemployment, global pandemic) keeping our values
Australian housing values finished the year 3.0% higher according to data released by @corelogicau today. The growth rate for regional housing values (+6.9%) was more than three times higher than the pace of growth across the capital cities (+2.0%)
Our Sunshine State capital is looking even brighter as at the time of writing. While we’ve had our challenges during COVID-19 (particularly in recent weeks when a few dubious border crossings have left our population holding its collective breath……………
“The blowout in rental vacancy rates for the major CBDs suggests a mass exodus of tenants occurred over the course of March and April. This might be attributed to the significant loss in employment in our CBDs plus the drop off in international students,” he said.
Brisbane and Adelaide both saw their CBD vacancy rate double as well, albeit from smaller bases, jumping to 11.3% and 6.6% apiece.
Looking at the capital city markets as a whole, Darwin proved the only exception to rising rates across the board.
CoreLogic head of research Tim Lawless said, “Although housing values were generally slightly positive over the month, the trend has clearly weakened since mid-to-late March, when social distancing policies were implemented and consumer sentiment started to plummet.”
The capital city markets generally showed a weaker performance relative to the regional markets, with the combined capital cities index up 0.2% in April compared with a 0.5% rise across the combined regional markets.
View the COVID-19 V Australian Property Report here. At a Glance:
Even with the impact of COVID-19, the experts most commonly believe in 12 months prices will be higher than they are now (27 percent of respondents).
Overwhelmingly, (72 percent) of respondents, felt that NSW would be the hardest hit.
Short Term residential rental properties, like AIRBNB and holiday homes, are in the firing line, whilst high cashflow and diversified rooming houses on fixed-term leases are highlighted as the most resilient.
Respondents said the peak COVID-19 impact would be felt between the 3 to 12-month mark from mid-March 2020
Valuing experts explore what buyers are looking for in each housing market. This is especially useful knowledge as the market establishes its direction for 2020.
Dwelling values rose by 1.1% over the month of December and by 4.0% over the quarter to finish out 2019 on a positive note according to the CoreLogic national home value index. This result represents the fastest rate of national dwelling value growth over any three month period since November 2009. Darwin was the only region amongst the capital cities and ‘rest-of-state’ areas to record a fall in values over the month, with a -0.5% decline
The CoreLogic Home Value Index results for October out today confirm a 1.2% rise in national dwelling values over the month, delivering the fourth straight month of rising values.
The October result was the largest month-on-month gain in the national index since May 2015. The recent gains come after a broad-based decline in housing values, with the national index declining 8.4% between October 2017 and June 2019. The positive October result takes national dwelling values 2.9% off their June 2019 floor, however values remain 5.7% below their peak, highlighting that despite the recent gains, home values are at a similar level to where they were three years ago.
According to CoreLogic research director Tim Lawless, the stronger rebound in Melbourne and Sydney can be attributed to a blend of factors; tighter labour market conditions and stronger population growth relative to the other capitals, coupled with the stimulatory effect of the lowest mortgage rates since the 1950’s, and improved access to credit.
MUTUAL FUNDS (ICICI Prudential Mutual Fund) BY JAMES RODRIGUESWilliamRodrigues148
Mutual funds are investment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities. They are managed by professional portfolio managers or investment companies who make investment decisions on behalf of the fund's investors.