RP Data Research Blog

Based on CoreLogic’s House Price Index (HPI), it’s been 69 months since the US housing market peaked.  Since the national index for ‘single family combined homes’ reached its high point back in April 2006, US home prices have fallen by 32.8%. The first three years of US home prices coming down could be characterized as [...]

The Australian Bureau of Statistics (ABS) released its monthly housing finance numbers for October this week which provided some interesting reading.  Broadly speaking, the results are split by investment finance commitments and owner occupier commitments.  For the owner occupier commitments the ABS publishes data which shows both the volume and value whereas for investment they [...]

The Australian Bureau of Statistics released their monthly Building Approvals data for October 2010 this week and on a national basis the data was extremely positive.  During October 2010, total building approvals increased by 9.3% due to a surge in private sector house approvals which increased by 23.6%.  Private sector unit approvals also increased however, [...]

The unemployment data released by the Australian Bureau of Statistics this week showed that on a seasonally adjusted basis the national unemployment rate increased from 5.1% in September to 5.4% in October 2010.  Importantly, this result does not tell the whole story. National unemployment rates Oct-82 to Oct-10 Source: rpdata.com, ABS The number of unemployed [...]