Latest Property News

Home Value Index shows Sydney recovery, and Brisbane takes over from Canberra as the second-most expensive capital city

Core Logic Research News   •   03 Jun 2024 CoreLogic’s Home Value Index rose 0.8% in May, the 16th consecutive month of growth and the largest monthly gain since October last year. The mid-sized capitals continued to lead the pace of growth, with Perth home values up 2.0% in May, Adelaide rising 1.8% and Brisbane up 1.4%.  In dollar…

Impact of Interest Rates on the Sydney Real Estate Market

Team at Metro Realty | 2 hours ago Impact of Interest Rates on the Sydney Real Estate Market Despite the upward movement of interest rates, Sydney’s real estate market continues to exhibit resilience and growth. This dynamic market has shown that strategic investment and understanding market trends can yield significant returns. Let’s chat about how the changing interest…

Rate hikes divide housing market: Almost one in two capital city suburbs hit record high

Research News   •   08 May 2024 Amidst Australia’s historic two-year rate hike cycle, the property market has become a picture of resilience and decline, showcasing stark contrasts across cities, suburbs, and regions. A CoreLogic Australia analysis comparing the property market’s performance two years before and after the rate hike cycle reveals that home values across the…

*** BREAKING NEWS *** ASIC launches financial hardship report

Lenders need to do better on financial hardship assistance: ASIC By Adrian Suljanovic 20 May 2024 The regulator has warned lenders that it will take enforcement action if they do not improve their financial hardship assistance services. The Australian Securities and Investment Commission (ASIC) has lambasted lenders for making financial assistance support hard to access. In…

House prices flatten in April

Core Logic Research News, House Price Index   •   01 May 2024 Home value growth in Aotearoa New Zealand stalled in April, with the 0.1% dip indicative of the indecisive nature of the property market at present. CoreLogic’s House Price Index edged down 0.1% in April, with the average NZ property value now $933,633, up around 3%…