Home settlement sales fall short of half a million this past year

first_imgThe number of settled transactions in the housing market has been trending lower since peaking in 2015.LESS than half a million homes reached settlement in Australia this past year, dropping below decade average in a sure sign the heat has come out of the market.A massive 465,788 properties were settled in the 12 months to May, according to latest data, a drop of 7.7 per cent nationally.“The monthly data points to a declining trend in transactions with settled sales now sitting lower than the decade average,” according to the latest CoreLogic Property Pulse report.CoreLogic research analyst Cameron Kusher said there was still some unsettled sales information to flow through from off-the-plan properties but even that was unlikely to push transaction volumes out of the decline.The decline was part of an ongoing trend with the number of settled transactions in the housing market trending lower since peaking in 2015. Inside Gold Logie nominee’s home Ultimate treehouse rules them all Four family finds set for the gavel Of the major East Coast capitals, Brisbane houses held up significantly better over the year compared to Sydney and Melbourne which both posted steep double-digit declines.Brisbane’s “house sales have fallen by -8.3 per cent over the year while unit sales have recorded a much greater fall of -19.8 per cent,” the report said.Sydney’s house sales decline was steeper at -11.4 per cent over the year with units sales down -16 per cent, while Melbourne was sharper still at -13.2 per cent for houses, while unit sales were down -12.4 per cent. The star performer though was Adelaide with 2.5 per cent rise in settled sales (27,705), up 0.5 per cent for houses but a massive 85 per cent jump for units.Perth which has been much maligned in recent years was also in positive territory now, with 30,393 settled sales (up 1.4 per cent), with houses up 1 per cent and units 3.4 per cent. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 6:36Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -6:36 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenLiz Tilley’s prestige property wrap 06:36 Brisbane saw 48,050 house and unit sales settled over the year to May (down 12.1 per cent), Canberra 8,310 settled sales (-10 per cent), Darwin had 2,018 (-5.8 per cent), Hobart 4,915 (-7.4 per cent), but the biggest settlement numbers were still out of Melbourne (83,444, down -12.9 per cent) and Sydney (84,699, down -13.5 per cent).CoreLogic research analyst Cameron Kusher said there was still some unsettled sales information to flow through from off-the-plan properties but even that was unlikely to push transaction volumes out of the decline.Mr Kusher said the number of settled transactions in the housing market has been trending lower since peaking in 2015. FOLLOW SOPHIE FOSTER ON FACEBOOK CAPITAL CITY NUMBERS: (12 months to May 2018) ADELAIDE 27,705 settled sales (2.5%)Houses 0.5%Units 85% BRISBANE 48,050 settled sales (-12.1%)Houses -8.3%Units -19.8% CANBERRA 8,310 settled sales (-10%)Houses -3%Units -16.5%More from newsParks and wildlife the new lust-haves post coronavirus18 hours agoNoosa’s best beachfront penthouse is about to hit the market18 hours ago DARWIN 2,018 settled sales (-5.8%)Houses -7.7%Units -2.1% HOBART 4,915 settled sales (-7.4%)Houses -7.3%Units -7.9% MELBOURNE 83,444 settled sales (-12.9%)Houses -13.2%Units -12.4% PERTH 30,393 settled sales (1.4%)Houses 1%Units 3.4% SYDNEY 84,699 settled sales (-13.5%)Houses -11.4%Units -16% (Source: CoreLogic)last_img read more

Van Slyke’s walk-off home run lifts Dodgers over Diamondbacks in latest late-night celebration

first_img Newsroom GuidelinesNews TipsContact UsReport an Error It’s unclear whether Scott Van Slyke or Edinson Volquez can carve out roles for themselves on the postseason roster for the Dodgers, but they made cases for themselves on Tuesday night.Van Slyke’s two-run walk-off home run in the 11th inning lifted the Dodgers to a 5-3 win over the Diamondbacks and touched off another late-night celebration at Dodger Stadium.In the 11th inning, Mark Ellis had a one-out single to right field off Arizona reliever Josh Collmenter, then Van Slyke came off the bench to hit a two-run home run to left field on a 1-0 change-up to win it. It was Van Slyke’s seventh home run of the year for the Dodgers and it left the yard in a hurry.Van Slyke has been up and down from the majors to the minors this season, and was not taking anything for granted leading up to the at-bat. “Being Scotty, he asked me if I wanted him to swing if a runner was on,” Dodgers manager Don Mattingly said. “Typical Scott. I was running out of guys, No. 1. We thought Collmenter was a good matchup for him. He leaves balls up in the strike zone.”If Volquez is auditioning for a role in the playoffs, even if it’s as a reliever, he may have done enough to turn some heads in the Dodgers organization.Volquez pitched six solid innings, allowing three runs on four hits and one walk with five strikeouts in 80 pitches.The Dodgers bullpen was stellar leading up to bottom of the 11th inning. Paco Rodriguez, Ronald Belisario and Kenley Jansen each threw a scoreless inning of relief for the Dodgers. Jansen had two strikeouts in the ninth inning and now has 102 on the season, tops in the major leagues, one ahead of Aroldis Chapman of the Reds.In extra innings, J.P. Howell and Chris Withrow pitched effectively until Van Slyke struck to end it.center_img The Dodgers (85-59) moved to 13 games ahead of the second-place Diamondbacks (72-72) in the National League West with 18 games remaining. The magic number is six for the Dodgers.It marked Volquez’s second start as a Dodger. He was more effective than in his first start, when he threw four innings, allowing four runs on six hits in taking the loss against Colorado last Wednesday. But that was at Coors Field.“This is a lot better park to pitch in,” Mattingly said. “Tonight, he was sharper. He kept the ball down more tonight. I thought he bounced back after giving up the home run to (Didi) Gregorius. He was positive.”Volquez (9-11) entered the game with an ERA over six on the season. He was designated for assignment by the San Diego Padres on Aug. 25, released two days later, then signed by the Dodgers on Aug. 30 as a free agent.Volquez was the Padres’ opening-day starter for the second straight year, but struggled with San Diego this season, going 9-10 with a 6.01 ERA. Volquez was an all-star and a 17-game winner with the Cincinnati Reds in 2008, and the Dodgers took a gamble on him, hoping he can return to form.The Dodgers gave Volquez a 2-0 lead in the second inning. Juan Uribe led off with a walk and took second on wild pitch. When Mark Ellis blooped a single into right field, Uribe rounded third hard but put on the breaks when right fielder Gerardo Parra was quick to the ball. Then Volquez put down a sacrifice bunt in front of the plate. Catcher Miguel Montero fielded the ball and threw in the dirt to second base, and the ball skipped into the outfield, allowing Uribe to score and Ellis to advance to third. Ellis scored on a Yasiel Puig’s fielder’s choice groundout to give the Dodgers the early lead on a pair of unearned runs. Arizona got one run back in the top of the fourth inning on an RBI single by Montero, then took a 3-2 lead in the fifth after a two-run home run by Gregorius that sailed halfway up the right-field pavilion. The Dodgers responded by tying the score in the bottom of the fifth. After Hanley Ramirez and Adrian Gonzalez each drew two-out walks, Andre Ethier delivered a double down the right-field line on a 1-1 change-up from Trevor Cahill, scoring Ramirez.Cahill (6-10) has struggled at times this season, but has been sharp of late, going 2-0 with a 2.42 ERA in his last four outings before Tuesday night. Cahill, who grew up in Vista, just north of San Diego, entered Tuesday’s game 5-0 with a 2.10 ERA against the Dodgers in eight career starts. The Oceanside resident hurled six innings, allowing three runs (one earned) on four hits and four walks with two strikeouts.The Dodgers threatened in the 10th inning, when Adrian Gonzalez had a two-out single off Collmenter. Dee Gordon came in to pinch run for Gonzalez after there was a 2-0 count on Ethier. Gordon stole second on a 3-0 strike to Ethier, who then was intentionally walked to bring up Juan Uribe. A wild pitch put runners on second and third. But Uribe, who slammed three home runs on Monday night, struck out swinging to end the threat.The Dodgers had good strategy against National League MVP candidate Paul Goldschmidt — make him come to the plate with the bases empty in each at-bat. Goldschmidt still went 2 for 5 with a double and a run scored. With the Dodgers having clinched yet another series victory – the team has lost only two series in its last 24 – it’s almost like Cincinnati didn’t happen. The Dodgers never seemed fazed by getting swept by the Reds. They came home, snapped a four-game losing streak by defeating Arizona 8-1 on Monday night, then triumphed again on Tuesday night. The Dodgers have won five in a row against Arizona and moved to an even 7-7 against the Diamondbacks this season. last_img read more