Property data in not always right, or helpful

My professional life has been all about “the numbers” for more than two decades! So, as an accountant and financial advisor, it pains me to say that numbers are not always right! Numbers are factual, verifiable, logical and the ‘robustness’ gives me a lot of confidence. However, when it comes to investing in property, a […]

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What does the latest employment data mean for the housing market?

Over the past two months, economic and housing market indicators have been fairly subdued. However, they have shown an improvement since April. A rise in sales over May saw a strong absorption of new listings, clearance rates have rebounded since the easing of restrictions, and consumer confidence has rebounded 33.0% since its trough in May. […]

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CoreLogic ‘rental stock on market’ data shows Sydney and Melbourne markets loosen over May

Amid COVID-19, much attention has been given to weaker rental market conditions. But as with buying and selling property, market conditions vary substantially among regions. New data estimates from CoreLogic, calculating the portion of rental stock advertised, shows further variation in the performance of rental markets across different capital cities. The percentage of rental housing […]

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Property Headlines: Are we really in a recession, will HomeBuilder work, unemployment, rising consumer confidence, falling business confidence and all the latest data

Life is starting to get back to normal, the lockdowns are lifting, there are people in the streets, in fact I went back to one of our favourite café’s on the weekend, but last week we learned we’re in a recession. Recently Reserve Bank Governor Philip Lowe suggested this is the largest economic contractions since […]

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