The API magazine forecasts the property market indicators every month, provided by Herron Todd White.
The indicators cover things such as:
Stage of property cycle
Rental vacancy trend
Volume of house sales, etcThey are listed for each capital city.
Curious to hear if the experienced investors pay much attention to there indicators, or use others?
I pay more attention to those published by the Australian Property Institute from their quarterly surveys. Survey results are based on responses from property mgrs, valuers, asset managers, developers etc.
April survey shows each state & category are still on the way down with a long way to go before any sign of recovery. So buy, buy, buy (for at least another year or 2).
SNM,
that explains why major banks has increased their LVR to 80% to protect their own ass from the coming down turn. i think they also see it coming.
They are also on the survey. Plus they have their own research and the benefit of many, many asset managers & valuers.
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