Application
The CoreLogic Home Value Index is useful for any individual or organisation interested in:
Tracking changes in the value of a market portfolio containing all known properties (or any smaller portfolio) captured within CoreLogic’s property database due to market value changes (as opposed to changes in composition);
Measuring historical residential property risk and returns in a given suburb, region, or nationally over a particular period of time;
Forecasting future residential property returns or risks in a suburb, postcode, region, TA or nationally over a given period of time (e.g. months or years).
The CoreLogic Home Value Index can be leveraged by a range of industries and users:
- Mortgage lenders and brokers
- Insurers
- Real estate agencies
- Participants in the media and general public
- Central and Local Governments
- Universities and other tertiary education
- Economists and consultants
- Investment bankers
- Fund managers
- Super funds
- Listed property investors
- Property developers
- Building materials suppliers
- Existing or potential home owners & investors
- Policy makers