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The Latest Breaking News from CoreLogic

Australian banks predict another interest rate rise despite hopeful investor outlook

Big four banks believe RBA will lift cash rate by at least another 25 basis points though many predict rises are close to a peak

The Guardian - AU

Listings tumble but opportunity knocking

This week is typically considered one of the peak times for property listings.

Newcastle Herald

Under the hammer: Elermore Vale home sells under reserve price at auction

The auction attracted two registered bidders.

Newcastle Herald

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A bifurcated housing market: Average Idaho homeowner sees equity decline by $21K while typical Florida homeowner gained $49K in 2022

Even as the housing slump sees national home prices come down a bit, most homeowners are still up big-time.

Fortune

Developer ALAND lobbies council to expand Parramatta's boundaries to include its Harris Park apartments

A developer is lobbying to officially change the boundary between two western Sydney suburbs to offer potential buyers a more sought-after — and expensive — address.

ABC News

Top 20: Newcastle and Lake Macquarie suburbs whose prices have skyrocketed since the pandemic

Dwelling values across Newcastle and Lake Macquarie recorded growth of 29.6 per cent since March 2020.

Newcastle Herald

Property prices rise: Is it a turning point, or the eye of the storm?

Property prices across Australia’s three largest capitals inched up over the first half of March in a sign positive momentum is building.

The New Daily

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Working Australians pay tax in real-time – now the richest Australians making capital gains should too

In drawing up his plans to more effectively tax large superannuation accounts, Treasurer Jim Chalmers might have stumbled upon a really good idea.

The Conversation

Australia records largest drop in house and unit values within one year, CoreLogic data shows

Australia records its largest decline in house and unit values, according to CoreLogic data, with a drop of 7.9 per cent in a year.

ABC News

Fletcher home sets suburb record with $1.75 million sale

The sales smashed the previous record of $1.6 million.

Newcastle Herald

Toowoomba housing market remains strong as rising interest rates fail to deter buyers

A tenth consecutive rate rise has done little to deter couples like Anisia and Nathan from owning their own home in Toowoomba, where prices remain 30.4 per cent higher than at the onset of COVID-19.

ABC News

CoreLogic and KPMG make bold housing market calls

CoreLogic thinks U.S. home prices have bottomed, while KMPG expects a 2008-style decline in 2023.

Fortune

Rentals under $400 disappearing as prices surge

Affordable rentals are becoming increasingly hard to find as strong demand for rental accommodation continues to outstrip supply.

AAP

Under the hammer: Lambton home doubles in value in less than five years

The sellers purchased the home in 2018 for $830,000.

Newcastle Herald

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Chicago Sun-Times

Data error causes some homeowners to get tax delinquency notices from banks

Thousands of Cook County property owners got an unnecessary shock in the mail last week, just days before this year’s first-installment bills were sent out.

ABC News

Hundreds of Sydney real estate agents on notice for breaching new rent bidding rules

Fair Trading officials will start attending open house inspections after hundreds of real estate agents were issued with warnings for breaching new rent bidding rules.

The Canberra Times

The Canberra suburbs where home values have risen, despite the downturn

One previously 'undervalued' suburb saw nearly 9 per cent growth in the past year.

Newcastle Herald

Newcastle house prices up but it might be short-lived

The median house value is $818,893.

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news in one place.

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ABC News

House price falls ease in February with Sydney posting a rise as real estate listings dry up

A lack of properties for sale and the first rise in Sydney home prices in more than a year stabilise real estate values across the nation. But for how long?

ABC News

'Recession risks are rising' but the latest GDP numbers are expected to show 'solid' growth

The latest economic growth figures are expected to show a robust economy. But the outlook for 2023 is far less rosy, warn many analysts.

AAP

Home price slide loses momentum as new listings tighten

The downturn in housing prices appears to be easing but experts say it's too soon to say if it's bottoming out or has further to fall.

The New Daily

Falls in home prices are slowing, but have not hit rock bottom

Tight housing stock has muted home value falls, but experts warn this isn't the end of the road for declines this year.

ABC News

Global cities may hold solutions to Sydney's housing crisis, but will the Harbour City pay attention?

Renting and buying in the Harbour City has never been less affordable, but the solutions to the deepening crisis could be staring us right in the face.

ABC News

Bob has no idea where he will be living in six weeks as Sydney's rental crisis hits hard

Bob Davis is being evicted from his Sydney rental home of 30 years and doesn't like his chances of finding something else in the city's white-hot market. Housing policy has become a battleground ahead of the state election.

Newcastle Herald

'The market is forever changing': Property prices adjusted in Newcastle's top end to meet the market

The house was previously on the market for 127 days.

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