Cotality Chart Pack

Monthly Chart Pack

A quick look at a few charts from Cotality's monthly housing market update.

Prices were up by 7½ per cent over the year to November, but seem likely to be softer in the lead up to Xmas. 

After a seasonal surge of auctions in Sydney and Melbourne listings which have temporarily killed momentum in those markets, will obviously start to drop away towards the end of the year. #

Still, total listings remained about -14 per cent lower over the year by the end of November. 

Source: Cotality

Listings were particularly tight in Perth, Darwin, and Brisbane. 

Rental price inflation ticked higher for a 6th consecutive month, with rents up by 5 per cent over the year - the fastest growth in rents being in Darwin, and the slowest in Melbourne. 

Source: Cotality

The total value of new home loan financing reached a record high of $98 billion over the quarter, with first homebuyer lending now likely to lift in response to the government's deposit guarantee scheme.

You can download the full Chart Pack from Cotality here.

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