{
Corelogic Inc.

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}
001122334455554433221100
001122334455554433221100

australian home prices rise at slowest rate in nearly two years

Australian home prices have increased at their slowest rate in nearly two years, primarily due to declines in Sydney and Melbourne. Sydney experienced a 0.2% drop in November, marking its second consecutive monthly decline, while Melbourne's values have decreased in 10 of the last 12 months. Overall, major cities saw only a 0.1% rise in prices, the weakest growth since February 2023.
Bloomberg.com
Corelogic Inc. AUS
Finance & Economy, Market Report
14:01 01.12.2024

first-time homebuyers reach record age amid housing market challenges

The average age of first-time homebuyers in the U.S. has reached an all-time high of 38, reflecting a decline in their market share from 32% to 24%. High rent prices, a significant housing shortage of 4 million homes, and increased competition against wealthier buyers are making homeownership increasingly difficult for younger adults. As a result, many renters remain cost burdened, spending over 30% of their income on housing, which hampers their ability to save for a home or pay down existing debt.
CNBC
Euro United States Dollar Redfin Corporation Corelogic Inc. HGTV Zillow Group, Inc. USA Orphe Divounguy Jessica Lautz Selma Hepp Jonathan Scott Show more
Finance & Economy, Market Report
18:13 05.11.2024

sydney home prices decline for first time in nearly two years

Sydney home prices experienced a 0.1% decline in October, marking the first drop in nearly two years, as affordability concerns deterred buyers. Despite this, the median price remains close to a record A$1.19 million ($823,780). In contrast, Perth saw a 1.4% increase, while Melbourne continued to decline, with major cities overall rising just 0.2%.
Bloomberg.com
Australian Dollar Corelogic Inc. AUS CoreLogic Inc.
Finance & Economy, Market Report
14:01 31.10.2024

pending home sales surge despite rising mortgage rates

Pending home sales surged 7.4% in September, the highest since March, driven by lower mortgage rates in late summer and increased inventory. However, with rates now exceeding 7%, affordability is strained, and experts predict this uptick may be short-lived, impacting 2024 sales.
CNBC
United States Dollar Mortgage News Daily Mortgage Bankers Association National Association of Realtors Corelogic Inc. USA Lawrence Yun Selma Hepp Show more
Finance & Economy, Market Report
16:56 30.10.2024

housing shortage drives challenges in us home buying market

The U.S. housing market faces a significant shortage of 4 million homes, impacting affordability and contributing to rising prices, according to the Property Brothers. Despite a slight decrease in median home prices, they warn that without addressing this shortage, future generations may struggle to buy homes. Home equity remains strong, with homeowners holding over $17.6 trillion in net equity, suggesting that long-term investment in real estate can still be beneficial.
CNBC
United States Dollar U.S. Census Federal Reserve Bank of Boston N.A. National Association of Realtors Corelogic Inc. USA Jonathan Scott Drew Scott Show more
Finance & Economy, Market Report
18:57 25.10.2024
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