Category: Property Valuations

A property specialist valuer is a professional who evaluates and assesses the value of a property. This evaluation is typically based on several factors, including the location, size, condition, and features of the property, as well as market trends and comparable property values. Here are some key points about a property specialist valuer that may be of help: Role and Responsibilities Valuation of Properties: A property valuer is responsible for estimating the market value of residential, commercial, or industrial properties. Their role involves determining how much a property is worth based on various factors. Inspection and Research: A valuer will …

After 21 months of growth that pushed values up 14.3%, CoreLogic’s national Home Value Index (HVI) has finally recorded declines. After peaking in October, the national index steadied in November (-0.01%) and recorded a -0.1% decline in December. The start of a cyclical downturn is unsurprising, as monthly home value growth has slowed since June 2024. The slowdown has been accompanied by other market shifts. Total listings levels across the country finished 2024 5.0% higher than a year ago. Selling times rose through the December quarter, up to 33 days from 28 days a year ago. Home values and interest …

Underlying inflation is moderating. Inflation has fallen substantially since the peak in 2022, as higher interest rates have been working to bring aggregate demand and supply closer towards balance. In the December quarter underlying inflation was 3.2 per cent, which suggests inflationary pressures are easing a little more quickly than expected. There has also been continued subdued growth in private demand and wage pressures have eased. These factors give the Board more confidence that inflation is moving sustainably towards the midpoint of the 2–3 per cent target range. However, upside risks remain. Some recent labour market data have been unexpectedly …