DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Tim Lawless - 2 Lawless - 2 PropTrack - 1 Stella Qiu - 1 Tom Hogue - 1 David Gray - 1 Tasmania's Hobart - 1 CoreLogic's Tim Lawless - 1
Top related locs:
Sydney Australia's Clovelly Australia Tasmania's CoreLogic New South Wales Brisbane
Top related orgs:
Thomson - 3 Reserve Bank of Australia - 2 REUTERS - 2 SYDNEY - 1 . - 1 Brisbane - 1 Perth - 1

Search resuls for: "Tim Lawless"


5 mentions found


☆ Australia home prices rise 5th straight month but pace slowing -CoreLogic
  + stars: | 2023-07-31 | by ( Stella Qiu | ) www.reuters.com   time to read: +2 min
CoreLogic figures on Tuesday showed prices nationally rose 0.7% in July from June, slowing from a jump of 1.1% in the earlier month. Since finding a floor in February, national prices have risen 4.1%, following a 9.1% decline from their peak in April last year. Home price gains in Sydney slowed to 0.9% for the month compared with June, down from growth of 1.7%, the data showed. CoreLogic research director Tim Lawless said sellers were becoming more active at a time that is normally seasonally subdued, with new listings added in Australia's main cities in July lifting by 3.9% over the previous month. Listings in Sydney jumped 9.9% from a year ago and were 18% higher than the average for the previous five years.
Persons: Tim Lawless, Lawless, PropTrack, Stella Qiu, Tom Hogue Organizations: SYDNEY, Reserve Bank of Australia, Reuters, Thomson Locations: Sydney, Australia's
☆ Australian home prices climb for fourth month in June
  + stars: | 2023-07-02 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/David Gray/File PhotoSYDNEY, July 3 (Reuters) - Australian home prices rose for a fourth consecutive month in June as a sustained squeeze on housing supply helped lift values nationwide, data showed on Monday. Property consultant CoreLogic figures showed national home prices were up 1.1% in June from the previous month, after bottoming in February and starting a sustained rise. Every state and territory capital except Tasmania's Hobart recorded higher prices for dwellings, according to CoreLogic. "A slowdown in the pace of capital gains could be a reflection of a change in sentiment as interest rate expectations revise higher," Lawless said. "Higher interest rates and lower sentiment will likely weigh on the number of active home buyers, helping to rebalance the disconnect between demand and supply."
Persons: David Gray, Tasmania's Hobart, CoreLogic's Tim Lawless, Lawless, Sam McKeith, William Mallard Organizations: REUTERS, ., Reserve Bank of Australia, Thomson Locations: Sydney, Clovelly, Australia, Tasmania's, CoreLogic, New South Wales, Brisbane, Queensland
☆ Australian home prices climb for third straight month in May
  + stars: | 2023-05-31 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Swati Pandey/File PhotoSYDNEY, June 1 (Reuters) - Australian home prices rose for the third consecutive month in May, with the pace of growth accelerating sharply as demand remained strong despite high mortgage rates, and the number of available homes nudged lower. Figures from property consultant CoreLogic released on Thursday showed national home prices surged 1.2% in May after rising in March and April, and finding a floor in February. The report showed the rise in prices was because of persistently low levels of available housing supply running up against rising housing demand. Advertised listings trended lower through May compared with April, with about 1,800 fewer homes listed in the state capital cities. ($1 = 1.4743 Australian dollars)Reporting by Renju Jose in Sydney; Editing by Jamie FreedOur Standards: The Thomson Reuters Trust Principles.
Persons: Swati Pandey, CoreLogic, Tim Lawless, Sydney, Renju Jose, Jamie Freed Organizations: REUTERS, Brisbane, Perth, Thomson Locations: SydneyÕs, Chatswood, Australia's, Melbourne, Adelaide, Canberra, Sydney
☆ Australia's home prices rise again in sign of market bottom
  + stars: | 2023-05-01 | by ( ) www.reuters.com   time to read: +2 min
SYDNEY, May 1 (Reuters) - Australian home prices rose for a second straight month in April, in a further signal that the nation's property market may have hit a floor ahead of a central bank rate decision on Tuesday. Figures from property consultant CoreLogic released on Monday showed prices nationally rose 0.5% in April from March, when values were up 0.6%, indicating Australian home prices may have bottomed out after slumping 9.1% from May 2022 to February. We now expect home prices to rise by 3% in 2023 and forecast a further increase of 5% in 2024." Shane Oliver, chief economist at AMP, also no longer expects a top-to-bottom fall of 15-20% in housing prices, citing "a far worse property demand and supply imbalance" with immigration levels surging and supply remaining tight. PropTrack data on Monday showed that home prices rose 0.14% in April, bringing the cumulative increase this year to 0.75%.
☆ The housing markets could crash in Canada, New Zealand, and Australia. They're 3 cautionary tales for the US.
  + stars: | 2022-09-09 | by ( Alcynna Lloyd | ) www.businessinsider.com   time to read: +6 min
Global real estate markets have been in overdrive during the Covid-19 pandemic. The US housing market shares some of their problems, and it's a cautionary tale for us. In countries across the globe, rapid home price growth fueled by lackluster housing supply and robust investor activity have distorted local housing ecosystems — especially in Canada, New Zealand and Australia. As New Zeleand's housing crisis escalates, The Guardian reports that less and less of the nation's young buyers can afford home purchases. Economic volatility stunts buyer demand in AustraliaAustralia has not escaped the housing slowdown gripping global real estate markets.
0 next >>
Total: 5