National Market

By spg
In Auction results, National Market
Posted March 6, 2017

Auction results continue their strong run into March, with Sydney and Melbourne recording an 80% clearance rate over the first week of the month

After recording the strongest result since June 2015 last week, the preliminary clearance rate across the combined capital cities fell slightly this week, from 78.4 per cent to 77.8 per cent, [...]

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By spg
In Economics, Housing supply, National Market, Research
Posted March 3, 2017

New house approvals now start to fade

Building approvals data for January 2017 was released earlier today by the Australian Bureau of Statistics.  According to the release there were 17,412 dwellings approved for construction over [...]

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By spg
In Auction results, National Market
Posted March 2, 2017

CoreLogic National Auction Preview, week ending 5 March 2017

Upcoming auctions: The number of auctions scheduled to take place across the combined capital cities is set to fall this week, after the record high for February seen last week. There are 2,558 [...]

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By spg
In Auction results, National Market
Posted February 27, 2017

Auction clearance rates reach the highest level over the calendar year to date as auction volumes reach a record high for February, with 3,232 auctions held across the combined capital cities.

Across the combined capital cities this week, the number of properties taken to auction increased dramatically, with 3,232 auctions held; significantly higher than what has been recorded over the [...]

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By spg
In Economics, Housing affordability, Housing supply, Mortgage market, National Market, Population growth, Research
Posted February 24, 2017

Capital city vacant land selling prices continue to rise as prices fall in regional Australia

The median selling price of vacant land continued to climb in capital city markets throughout 2016 while in regional areas prices have fallen.  The other big shift over the past 12 months has [...]

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By spg
In Auction results, National Market
Posted February 23, 2017

CoreLogic National Auction Preview, week ending 26 February 2017

The number of auctions are set to increase across the combined capital cities this week, with 3,122 currently being tracked by CoreLogic, up from 2,291 last week. In both Sydney and Melbourne, [...]

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By spg
In Auction results, National Market
Posted February 20, 2017

Auction volumes surge past 2,000 for the first time this year across Australia’s combined capital cities, with CoreLogic’s preliminary clearance rate reaching 77 per cent.

The combined capital city preliminary clearance rate remained in the high 70 per cent range over the week, despite auction volumes reaching the highest level so far this year.  There were 2,280 [...]

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By spg
In Auction results, National Market
Posted February 16, 2017

CoreLogic National Auction Preview, week ending 19 February 2017

Upcoming auctions: There are 2,136 capital city auctions scheduled to take place this week, increasing from 1,591 last week, although predicted auction volumes are lower than the same week last [...]

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By spg
In Economics, National Market, Population growth, Research
Posted February 14, 2017

Tourism boom: Short-term arrivals to Australia continue to grow at a faster pace than short-term departures, providing good news for the tourism sector

Earlier today the Australian Bureau of Statistics released overseas arrivals and departures data for December 2016.  The data is important because it provides insight around how many people are [...]

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By spg
In Auction results, National Market
Posted February 13, 2017

Preliminary clearance rates surges to 76.6 per cent as the number of auctions continues to trend higher

It has been strong week for auction activity across the capital cities, with the number of auctions more than doubling compared with last week in Sydney and Melbourne.  Despite the surge in the [...]

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Simpson Property
Simpson Property Group
Suite 4, 6 Marvell Street Byron Bay, NSW 2481
(02) 6628 9261