What your house could be worth in three years by 2015?

Wondering  what your house could be worth in 3 years time by 2015? Despite a slight decline in median house prices this financial year, the market is poised to turn around according to BIS Shrapnel. The company today released a report titled Residential Property Prospects, 2012 to 2015. With compounded increases, house prices are expected …

12-month price forecasts for Australia’s capital city housing markets

Do you want to know what the property prices will be in next 12 months? Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Sydney 12-month price forecasts Melbourne 12-month …

12-month price forecasts for Australia’s capital city housing markets – Canberra

Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Canberra: -3% to 0% Relative to the rest of the nation, Canberra’s housing market has displayed resilience, with values …

12-month price forecasts for Australia’s capital city housing markets – Darwin

Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Darwin: 3% to 6% Darwin’s housing market has experienced the heaviest losses in Australia, falling by 15.2 per cent …

12-month price forecasts for Australia’s capital city housing markets – Hobart

Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Hobart: -7% to -4% Hobart’s housing market has been one of the weakest performers in the nation, declining by …

12-month price forecasts for Australia’s capital city housing markets – Adelaide

Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Adelaide: -5% to -2% Adelaide’s housing market has performed surprisingly well, experiencing the lowest decline in values from peak …

12-month price forecasts for Australia’s capital city housing markets – Perth

Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Perth: 2% to 5% Perth’s housing market is likely to be a star performer over the coming year. Although …

12-month price forecasts for Australia’s capital city housing markets – Brisbane

Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Brisbane: -2% to 2% Brisbane’s recent price performance has been poor, declining by 12.4 per cent (houses) and 10.8 …

12-month price forecasts for Australia’s capital city housing markets – Melbourne

Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Melbourne: -8% to -5% Melbourne’s recent price performance has been poor, declining by 11.0 per cent (houses) and 7.4 …

12-month price forecasts for Australia’s capital city housing markets – Sydney

Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Sydney: -3% to 1% Relative to the rest of the nation, Sydney’s housing market has displayed resilience, with detached …

Australia property price – A comparison across 2011 and 2012

Wondering where the Australia property market stood in April 2011 & April 2012? This is where the market stood in April 2011, according to RP Data-Rismark’s index of dwelling values (houses & units): Year to April 2011 Median Price Change Sydney 1.2% Melbourne -0.4% Brisbane -6.8% Adelaide -2.1% Perth -7.1% Darwin -7.0% Canberra 0.7% Hobart …

Underquoting in real estate?

The underquoting definition – What is Underquoting in real estate industry? Well, although we often hear or read underquoting, there is no clear definition of underquoting. According to Consumer Affairs Victoria, under-quoting happens if the quoted price is lower than the written estimate of the value of the property provided by the selling agent on the sales documentation before …