All Topics / General Property / Brisbane house price growth 1979-2011

Viewing 7 posts - 21 through 27 (of 27 total)
  • Profile photo of FreckleFreckle
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    @freckle
    Join Date: 2012
    Post Count: 1,680

    What it tells me is we have entered the 3rd year of decline and; that given the negative ToT figures, signals from resource companies of declining prices and a slump in coal prices as China slows down, that in all likely hood QLD will to see continuing downward pressure on median house prices for the foreseeable future.

    ….increased activity taking property out at lower levels rather than sellers withdrawing listings being the gis

    In other words falling prices as sellers accept lower offers.

    The Freckle

    Profile photo of bardonbardon
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    @bardon
    Join Date: 2004
    Post Count: 557

    I am selling in the Ashgrove market and have been pleasantly surprised by the rate of sales and the number of lookers turning up at openings. Seems like family homes are moving again although the demand may be artificially strong due to the lack of stock. Could be that once the would be sellers see some decent sales they will also list, pushing up supply and then we are back to 2011. Hope not, and I hope that there aren’t that many new listings coming on in the short term that I will have to compete against.

    Profile photo of Andrew_AAndrew_A
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    @andrew_a
    Join Date: 2003
    Post Count: 392

    Brisbane recorded the strongest monthly growth since December 2009 this month. The +1.49% result in March has Brisbane in the black for the year with 0.33% growth in the index.

    The turnover has been healthy since December 2011 and not surprised to see this monthly result and the market near balance in prices, the last few weeks have been a little slower but still much better than last year.

    Brisbane house prices
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    Profile photo of FreckleFreckle
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    @freckle
    Join Date: 2012
    Post Count: 1,680

    And RP data says different

    http://www.rpdata.com/research/daily_indices.html

    Oh who to believe…

    2374184160057519429S600x600Q85.jpg
    The Freckle

    Profile photo of bardonbardon
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    @bardon
    Join Date: 2004
    Post Count: 557
    Andrew_A wrote:
    Brisbane recorded the strongest monthly growth since December 2009 this month. The +1.49% result in March has Brisbane in the black for the year with 0.33% growth in the index.

    The turnover has been healthy since December 2011 and not surprised to see this monthly result and the market near balance in prices, the last few weeks have been a little slower but still much better than last year.

    Well this should bode well for my upcoming sale.

    Profile photo of Andrew_AAndrew_A
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    @andrew_a
    Join Date: 2003
    Post Count: 392

    Unfortunately it looks like Residex have decided to start charging for the city wide monthly data series which makes a lot of these graphs difficult to continue.

    http://www.rpdata.com/research/monthly_indices.html 

    Would appear to be the best alternative for the moment.

    Profile photo of Ultra PropertyUltra Property
    Member
    @ultra-property
    Join Date: 2011
    Post Count: 54

    Interesting thread, keep it up.

Viewing 7 posts - 21 through 27 (of 27 total)

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