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The Latest Breaking News from CoreLogic

Plunging home values break 40-year record

Higher interest rates, household debt and the erosion of savings since the pandemic have been blamed for the steepest plunge in home values since at least 1980.

AAP

Something big is happening in the U.S. housing market—here's where 27 leading research firms think it'll take home prices in 2023

Among the nation's 27 leading housing researchers, 23 expect U.S. home prices to fall further in 2023.

Fortune

Adelaide house prices have continued to rise, leaving home ownership out of reach for some

Despite a national fall in house prices over the past 12 months, Adelaide's went in the opposite direction, leaving home ownership out of reach for now for some people.

ABC News

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Property prices record biggest fall since 2008, ASX sinks to two-month low

The Australian share market wipes out all its gains since early November, despite strong overnight gains across European markets, while property prices suffer their biggest annual fall since the global financial crisis in 2008.

ABC News

House price rise eats into pandemic gains

Steep price drops in Sydney and the Central Coast suggest the Hunter market could have some way to fall in 2023.

Newcastle Herald

Hobart house values drop of 7pc a 'cooling' rather than a 'plummet'

Real estate agents say the era of FOMO — or fear of missing out — in the Hobart property market is over, with values dropping 7 per cent in 2022, but nothing like the plummet some predicted because of interest rate rises.

ABC News

Housing decline picks up speed again

Rising interest rates continue to shave value off Australia's property market, with Melbourne home prices closing in on pre-pandemic levels.

AAP

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Australian housing values were down 5.3 per cent in 2022. Here's what's happening in your area

Australian housing prices were down 5.3 per cent over 2022, marking the first time housing values have fallen over the calendar year since 2018. Here's how your region fared.

ABC News

New figures show how much ACT house prices dropped in 2022

The median house value for Canberra is sitting at $961,636.

The Canberra Times

‘Year of contrasts’: National housing values put the brakes on 32-year record growth

Last year saw two capital cities lead the first fall in national house values in four years, but the market hasn't sunk to pre-COVID levels.

The New Daily

The regional suburbs in Australia that have recorded the largest value growth since COVID-19 hit

Figures show the biggest changes in values for houses and units in regional areas since the pandemic hit.

ABC News

How house prices have changed in your suburb

The number of million-dollar house sales in the Hunter has ballooned by 268 per cent in the past two years.

Newcastle Herald

What Australia's housing market has been doing over the past year

During 2022, eight successive rate rises to combat high inflation quickly hit the housing market, slowing 2021’s extreme growth and remaining at the centre of the fall in Australia’s home prices. So what's next?

ABC News

Suburbs drop out of million-dollar club

A new analysis reveals a huge difference in house price growth across the region over the past five years.

Newcastle Herald

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Newcastle Herald

Desperate search for homes as Hunter rental crisis deepens

Frantic applicants offer to pay extra each week to secure rental properties.

ABC News

Forced home sales set to rise as borrowers struggle with surging interest rates and mortgage repayments

Australian home owners are spending more of their income on mortgage repayments, and the pain is only set to worsen. Experts say some could be forced to sell.

Newcastle Herald

Pandemic house price gains slashed across Hunter: Full suburb list

Exclusive data reveals how much your house price has dropped since pandemic peak.

WEKU

Inflation dips in November, as gasoline savings eclipse grocery price increases

A new government report shows inflation cooled a bit in November. But prices are still climbing and the Federal Reserve is preparing to raise interest rates again.

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The New Daily

Property prices: The best, worst and most affordable suburbs heading into 2023

Australia’s housing market downturn has slowed in the run up to Christmas, but experts are divided about whether property prices will fall.

AAP

Best home auction weekend since late May

The number of homes going under the hammer this weekend is up seven per cent and could prove a test of buyers' appetite for risk after this week's rate rise.

Newcastle Herald

CoreLogic report reveals region's rate rise sticker shock

Homeowners in Newcastle and Lake Macquarie could see their mortgage repayments increase by $1,192 a month when it comes time to refinance in 2023.

ABC News

The Australian suburbs where house and unit values have risen the most since COVID-19 hit

One capital city led the charge with eye-watering gains, and some suburbs posting almost 80 per cent growth in housing values since the onset of COVID-19.

Fortune

A 20% home price crash? These 7 forecast models can see it—where the other 13 leading models have the 2023 housing market going

Where 20 leading forecasters foresee home prices going in 2023.

Miami Herald

Hurricane Ian soaked Floridians. Many don’t have the right insurance to cover damage

Florida’s homeowners shell out thousands, even tens of thousands, for property insurance to protect themselves from fierce storms like Hurricane Ian.

Tribune News Service

Editorial: What is Florida’s plan for the next hurricane season?

Hurricane season officially ends this week. Thank goodness. Tampa Bay got lucky again — barely — but Hurricane Ian and then Nicole landed one-two punches on Florida and exposed different vulnerabilities.

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