Tim Lawless retweeted
Getting in shape for a busy week w @mariapet ft @_warrenhogan and @DianaMousina on the economy and the RBA, @EvanLucas_INV on Qantas and FMG and @timlawless on house prices.
Binge-Watching RBA, Qantas & Fortescue eurekareport.com.au/investme…
I was fortunate enough to speak with the crew at @PodcastFear this morning, about the aspirational 1.2 million new homes target from national cabinet, a pre-spring rise in listings, the 'fixed rate cliff' and regional housing trends.
A digestible 15 min👇
fearandgreed.com.au/business…
Lending indicators for March showed an absolute boom in home lending, up 4.9% in the month, led by a 12.3% jump in first home buyer lending.
Short & sharp: the housing downturn looks to be over after @corelogicau HVI posted 2 months of growth, led by Sydney up 3% in 3 months.
The rise comes after a 9.7% drop in capital city home values, the swiftest decline on record.
Full detail here 👇
corelogic.com.au/news-resear…
Tim Lawless retweeted
The Housing Chart Pack is out, and findings are in 📊
🔼 Total value of resi real estate rose to $9.3T but remains well below the peak of $10T (Apr ’22)
🔽 Home values logged the largest annual decline on record (-7.9%)
Get more market metrics here 👇
ow.ly/ICCS50NcMVq
Some good news for inflation: @corelogicau reporting a sharp drop in the rate of growth for resi construction costs through Q4 '22. Housing has the largest weighting within CPI, and new dwelling purchases by owner occupiers is the largest weighting within the housing category.
CoreLogic’s Cordell Construction Cost Index (CCCI) climbed a record 11.9% over the 2022 calendar year. The quarterly growth rate of 1.9% shows a dramatic easing in the index following Q3's increase of 4.7%. Full details online.
ow.ly/soXl50Mrocv
#housing #construction
Tim Lawless retweeted
Australia's housing markets finished the year weaker, with CoreLogic’s national Home Value Index down -1.1% in December. Values were -5.3% lower over 2022, the first national annual decline since 2018.
ow.ly/gese50MgjpE
#property #houseprices
A diverse outcome in housing markets last year... the full summary from @corelogicau
corelogic.com.au/news-resear…
Tim Lawless retweeted
Pain & Gain Q3 2022
📌 83,000 transactions
📌 93.3% of resales nationally made a nominal profit
📌 Capital cities, resource towns and high-density unit areas lead the way for resale losses.
Download the report 👉 ow.ly/v4wQ50M91Un
#painandgain #realestate #profitloss
A handy ready reckoner from @corelogicau's research team providing a snapshot of housing value movements through each phase of the COVID cycle to-date.
More detail here: corelogic.com.au/news-resear…
Growth in construction costs accelerated through the September quarter.
CoreLogic’s CCCI for Q3 2022 shows resi construction costs increased + 11% in the past year and + 4.7% over the Sept qtr. Record highs excluding when the GST was introduced. State breakdown here 👇
ow.ly/CQQ950L2MCz
#construction #housing #property
Tim Lawless retweeted
Australia’s cash rate has been lifted to the highest level since January 2015, but remains slightly below the pre-COVID decade average of 2.56%.
Read more: ow.ly/P9uv50KACMz
#cashrate #propertymarket #rba
The long game... 30yrs of housing trends from @corelogicau
corelogic.com.au/news-resear…
How does the current housing downturn compare with earlier periods of decline? Sydney and Melbourne, where housing values peaked in Jan/Feb earlier this year, provide some context.
For the graph lovers...
the @corelogicau graph pack is out.
🏡 The combined value of residential real estate in Australia fell to $9.95 trillion at the end of June, with 57.3% of household wealth held in housing. Learn more fast facts in our monthly market summary. ow.ly/sqOp50JQePu
#fastfacts #propertymarket #corelogic
While growth in housing values is easing/falling, rents are booming.
Residential rents hit record highs as national vacancy rates plummet and Melbourne overtakes Adelaide as Australia’s most affordable rental market. #rentalmarket #corelogic
ow.ly/eNOk50JOi1A
In case you missed @AlanKohler's finance update on Friday... a nice set of graphs on housing trends😉
















