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ABS 6416.0 - Residential Property Price Indexes: Eight Capital Cities, March 2017; Sydney +14.4%, Melbourne +13.4%, Hobart +11.3%, Canberra +8.9%, Adelaide +5.0%, Darwin -5.9%, Perth -3.5%
Topic Started: 20 Jun 2017, 02:03 PM (2,605 Views)
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ABS Data: http://www.abs.gov.au/ausstats/abs@.nsf/mf/6416.0

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MARCH KEY POINTS

CHANGES TO RESIDENTIAL PROPERTY PRICE INDEX

The price index for residential properties for the weighted average of the eight capital cities rose 2.2% in the March quarter 2017. The index rose 10.2% through the year to the March quarter 2017.
The capital city residential property price indexes rose in Sydney (+3.0%), Melbourne (+3.1%), Adelaide (+1.5%), Canberra (+2.8%) and Hobart (+3.4%) and fell in Perth (-1.0%) and Darwin (-0.9%). Brisbane was flat (0.0%).
Annually, residential property prices rose in Sydney (+14.4%), Melbourne (+13.4%), Hobart (+11.3%), Canberra (+8.9%), Adelaide (+5.0%) and Brisbane (+3.5%) and fell in Darwin (-5.9%) and Perth (-3.5%).

TOTAL VALUE OF THE DWELLING STOCK

The total value of residential dwellings in Australia was $6,602,132.3m at the end of the March quarter 2017, rising $163,122.9m over the quarter.
The mean price of residential dwellings rose $13,900 to $669,700 and the number of residential dwellings rose by 39,800 to 9,858,400 in the March quarter 2017.
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Rat
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Filthy Rodent

I'll just leave this here...

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Edited by Rat, 20 Jun 2017, 03:39 PM.
Consumer protection laws extended to small businesses. Banks not permitted to repossess due to non-monetary defaults (for example, a fall in the property value).
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b_b
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Rat
20 Jun 2017, 03:39 PM
I'll just leave this here...

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That chart is truly a thing of beauty.
(S – I) + (T - G) + (M - X) = 0
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Simon_S
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Until.........
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b_b
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Simon_S
20 Jun 2017, 03:49 PM
Until.........
For people that gave a timeframe for their prediction, which as now passed, there is no "until". They were wrong.
(S – I) + (T - G) + (M - X) = 0
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Rufus
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b_b
20 Jun 2017, 08:13 PM
For people that gave a timeframe for their prediction, which as now passed, there is no "until". They were wrong.
Lindsay David still has 6 months and 10 days.
Take risks - if you win you will become wealthy, if you lose you will become wise
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Simon_S
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b_b
20 Jun 2017, 08:13 PM
For people that gave a timeframe for their prediction, which as now passed, there is no "until". They were wrong.
I'll let you get hung up on time frames.......

The reality is coming whether they time it or not.

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Trollie
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Simon_S
20 Jun 2017, 08:19 PM
I'll let you get hung up on time frames
Yes being constantly wrong is a problem for you isn't it.
Edited by Trollie, 23 Jun 2017, 09:20 PM.
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b_b
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Trollie
23 Jun 2017, 09:19 PM
Yes being constantly wrong is a problem for you isn't it.
Simon thinks he is a trader, yet getting the timing right on predictions does not seem to matter to him. :lol :lol

Fraud.
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Trollie
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b_b
24 Jun 2017, 09:10 AM
Simon thinks he is a trader, yet getting the timing right on predictions does not seem to matter to him. :lol :lol

Fraud.
Yes his whole plan is to time the market, but suddenly timing doesn't matter

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