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The Latest Breaking News from CoreLogic

House price plunge spreads with biggest monthly decline in 39 years

Australia's housing market decline spreads across all capital cities and most regional areas, with national prices falling by the most in any month since 1983.

ABC News

Faster than Sydney: Newcastle house values up 460% in 30 years

The east side of Lake Macquarie and Newcastle have made a list of the top regional districts in Australia for house value growth over the past three decades.

Newcastle Herald

American dream of owning a home out of reach for many in tight markets

Many middle- and lower-income Americans are left with a dwindling number of options or forced into renting while supply increases for the wealthiest buyers

The Guardian - US

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Housing downturn endures, outlook unclear

The housing market is cooling off across many capital cities, but it's unclear how far and fast prices will drop.

AAP

Australia’s regional property boom slows but housing stress still a major concern

Beach and country lifestyle areas show market weakness after record-breaking rises during the pandemic

The Guardian - AU

Property sales take a dive

Fewer properties in Newcastle and Lake Macquarie are changing hands according to the latest CoreLogic report.

Newcastle Herald

Premium real estate leads regional house price fall as ANZ tips 18 per cent nationwide property slump

Australia's housing market is set to drop 18 per cent, according to one major bank, and new data shows regional areas are joining Sydney and Melbourne in the slide.

ABC News

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Housing downturn widens amid fresh fears property prices will plunge 18 per cent

Cracks are emerging in key regional property markets, with new data showing the housing downturn has quickly spread beyond major capital cities.

The New Daily

Elegant Ponsonby villa is the biggest loser in property downturn

Once, these were the most desirable homes in the country. But now, the owners of a Ponsonby villa have suffered the worst loss of this slump. We report the biggest fall – and the biggest gain.

Newsroom.co.nz

New Zealand house prices see fastest drop since GFC, but first homebuyers still shut out of market

Property prices in New Zealand skyrocketed during the pandemic, but have fallen 2.5% in the last quarter

The Guardian - AU

Home prices in 'affordable' regional Queensland towns continue to rise as national housing market drops

The Reserve Bank of Australia has once again raised interest rates for the fourth consecutive month, but this Longreach 20-something has no plans to miss out on life.

ABC News

Australian house prices set to drop further as interest rates surge. Here's a round up of what's happening with property prices across Australia

Australian house prices are dropping at their fastest pace since the global financial crisis, data shows. Here's what's happening in your capital city.

ABC News

RBA increases to interest rates mean home buyers who bought at the peak are facing rapidly rising mortgage repayments

After eye-watering property price rises in recent years, house values are now starting to drop, but those who bought at the height are facing a "perfect storm" as interest rates rise.

ABC News

Even with a historic fall in house prices, rents are tipped to rise by as much as 10 per cent. Will they ever go down?

Though house prices are falling at a historic rate, rents are tipped to go up as much as 10 per cent over the next year. So when will rents ever go down?

ABC News

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ABC News

Interest rate rises will see property prices fall further as maximum home loan sizes shrink

The Reserve Bank is expected to raise the cash rate again today. It comes as banks pass on interest rate rises and cut back how much they'll loan to wannabe home owners.

Pedestrian.tv

Australian House Prices Are Falling At Their Fastest Rate Since The GFC So WTF Does That Mean?

Congratulations, guys! Property analysts reckon house prices across Australia are falling at their fastest rate since the global financial crisis hit in 2008.But there’s a catch.Prices have really only dropped from “exorbitantly expensive” to “slightly less exorbitantly expensive”, according to new data from CoreLogic.The data showed that as at 31…

Newcastle Herald

Biggest drop since 2004: Newcastle house values fall again

The region's unit market has held steady across the quarter.

The Guardian - AU

Australian property prices tumble at rates not seen since GFC

Interest rate rises lead to dwelling values falling for third month in a row with Sydney prices down 5.2% since January

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ABC News

Australian house prices fall at 'fastest rate' since 2008 financial crisis

House prices in Australia are dropping at their fastest since the global financial crisis — and market conditions are "likely to worsen" as interest rates continue to rise, according to property analytics firm CoreLogic.

The Guardian - AU

Auction clearance rates tumble as rising interest rates sap Australian homebuyers’ appetite

CoreLogic data for June quarter highlights ‘tougher seller conditions’ with house prices in Sydney and Melbourne roughly in line with a year ago

The New Daily

Auction sales plunge as property downturn bites

Australians are rushing to auction their homes as the property market sours - but new data reveals many are finding it much harder to sell.

The Canberra Times

Why home buyers are 'back in the driver's seat' in the capital

One expert said sellers would need to be realistic about their pricing expectations and be prepared to negotiate with buyers.

The Guardian - AU

Australia records 102 Covid deaths – as it happened

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ABC News

Gold Coast unit prices slowing but bucking downward trends as Australia's property market eases

The Gold Coast's iconic high-rises are home to some of the most expensive units in the country, and while a downturn in the property market is being felt across Australia, the Glitter Strip's unit prices are still strong.

ABC News

Heritage-listed Australian Institute of Tropical Medicine for sale as luxury home in Townsville

Some of the world's most expensive medical research was carried out within the walls of this heritage-listed property in Townsville.

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