09 July 2010
MARKET UPDATE
The Reserve Bank of Australia (RBA) decided to leave official interest rates unchanged this week following their monthly board meeting. The result being that the average standard variable interest rate remains at the current level of 7.4%. In their statement, the RBA Governor highlighted that, “the global economy has continued to expand over recent months, consistent with a trend pace of ...

01 July 2010
Rismark Home Value Index Release
Australian capital cities have recorded their second consecutive month of single digit annualised growth.  Capital city values were up 0.6 per cent in May while ‘Rest of State’ markets recorded a fall of -0.9 per cent. The deceleration in capital growth rates first evidenced in RP Data-Rismark’s April index results has continued in May, with capital city home valu...

30 June 2010
World Champion Junior Golfer
                                             World Champion Junior Golfer, Australia’s Karl Vilips gains his first corporate support and settles on the Gold Coast.  ...

22 May 2010
Market Wrap
The Westpac-Melbourne Institute’s Consumer Sentiment Index was released this week and it showed a fall in consumer confidence of -7.0% during May 2010. The Index now sits at 108.0 points suggesting that consumers have become less confident in domestic economic conditions over the last month. This is likely to be the result of a volatile share market, economic instability in Europe and high...

22 May 2010
Median prices and what they represent
The median selling price is a widely quoted statistic that is used to provide a measure of housing prices around Australia. In this week’s Property Pulse we provide an insight into the suburbs across each capital city that are most representative of the broader capital city median. There are a number of different median prices which can be used whether it be based on a variation of met...

14 May 2010
Latest National Auction Clearance Rates
Last week recorded the third highest number of auctions held so far this year. The auction clearance rate took a hit last week, falling to a national weighted average clearance of 63.5% across 1,623 reported auction results. Melbourne recorded a clearance rate of 74.7% and the Sydney clearance was 63.8%. ...

14 May 2010
Advertised Stock on the Market
50,486 new property listings entered the market over the last four weeks and there are about 209,000 properties now being advertised for sale across the country, which is about the same amount of stock in the market at this time last year. Despite new listings remaining higher this year, total stock levels have continued to trend downwards indicating that homes are still being absorbed faster th...

10 May 2010
Property Focus
The rpdata.com Market Activity Index has shown a modest upswing over the last month suggesting the listing environment remains reasonably buoyant amongst real estate professionals.   ...

03 May 2010
Aussie Home values up 1.4 per cent in March; 4.2 per cent over quarter
The RP Data – Rismark March Hedonic Home Value Index results released today reveals that home values in Australia’s capital cities rose by a sprightly 1.4 per cent in March (and a still healthy +1.1 per cent on a “seasonally adjusted” basis**) following on from similarly strong 1.7 per cent and 1.1 per cent growth rates across Australia in the months of January and Februar...

30 October 2009
Weekly Property News
RP Data’s weekly leading indicator of market activity moved upwards for the second week running, hinting that the spring market is still well and truly active. The weekly Market Activity Index measures the number of reports being produced by real estate professionals on the rpdata.com online platform. As the index maintains a high position, we would expect the number of new real estate listi...