Tag: CoreLogic

A Quarter of Homes in Eastern Australia Purchased Without Mortgage in 2022

Over a quarter of residential properties purchased in Australia’s eastern states in 2022 were mortgage-free, indicating that a significant portion of the population was not affected by interest rate hikes. Property data firm PEXA has released a report that analyses residential property purchases in the states of New South Wales (NSW), Victoria and Queensland between January 2019 and March 2023. ...

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Australia’s Housing Market Regains Momentum With Third Consecutive Growth in May

Australia’s residential property market has made a comeback as the national house prices rose for the third consecutive month in May. According to the real estate data provider CoreLogic, the national home value index climbed by 1.2 percent in May, following increases of 0.5 and 0.6 percent in March and April. Prior to this, Australian house prices dropped for ten ...

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