The New Year is certainly starting with bang. Anecdotally we are hearing that many real estate agents have cut their holidays short due to unexpectedly high prospective vendor enquiries. Also, pre-listings activity from real estate professionals is already higher than at any time over the last two years suggesting that the amount of stock about [...]
Archive | January, 2010
Overseas real estate markets are recovering but prices remain well below their peak
As the global economy continues to recover, we thought it timely to re-examine the overseas property markets that we as Australians often use as reference points. Rightly or wrongly, Australia’s residential market is often compared to that of the US, UK and New Zealand. Of course there are significant differences in the market drivers and [...]
Tourism markets feeling the pinch
Australia’s most popular tourism regions are hurting – takings from accommodation are down, occupancy rates are down, overseas visitor numbers are only creeping up (slowly) after the 2008 slowdown. The Tourism Forecasting Committee (part of Tourism Australia) estimates that total tourist consumption is down 3.5% in real terms during 2009 – the worst downturn in [...]
More analysis of population growth and housing supply
Over the last few years we have consistently seen that Australia’s population has been growing strongly with more migrants and an improving birth rate resulting in a jump in natural increase (total births minus total deaths). During the 12 months to June 2009 we have witnessed a slowdown in the rate of population growth, largely [...]
- Dispelling the myths about our new Index methodology
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Negative gearing and its impact on the housing market
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There were 1,213,595 individuals with a negatively geared property over the 2010/11 financial year
