So how is Perth going on RP Data then? Roaring ahead? Are we looking at 15% yet in this buying boom? Funny, the bulls have gone quiet about RP Data? Steinberger? Mike?
Why are you spamming this question into so many threads?
Perth is up 10% YOY and 4% QOQ according to RP Data.
(the chart is just three posts above, you can't miss it!)
Looks like it will be down a bit this week though... is that what you're getting excited about?
You do this every time Perth has a little dip. I think you need to look at the long term trend and not get too excited about weekly volatility.
So how is Perth going on RP Data then? Roaring ahead? Are we looking at 15% yet in this buying boom? Funny, the bulls have gone quiet about RP Data? Steinberger? Mike?
You missed the bottom of the market some time ago. Prices have climbed significantly in the last year.
You should of bought Q3 2011, we are now in a new upcycle, and its early days too.
So how is Perth going on RP Data then? Roaring ahead? Are we looking at 15% yet in this buying boom? Funny, the bulls have gone quiet about RP Data? Steinberger? Mike?
Spamming every thread hey.
Ok then. It appears as though Reiwa is wrong on July as most indices have July up 1% or more for Perth. August so far from a sales point of view has been a stronger month then July. The strong FHB frenzy underway at present will also boost sales in August and September until the grant changes o September 15th. New house sales will be a little slower until then and then it will switch from stronger growth for new houses from established for FHB.
If you want am estimate to current growth, well we know the ABS has growth up to June 2013 of 11%. Since Then RPData has growth in the current September quarter of 4%. We also know that RPdata has constantly been more bearish with its figures then the ABS for the last year which is shown in the figures.
Just using these figures Perth could already be over 15% or close to it with over 1/3 of the year remaining. Perth may get over 20% once all the data is in next year.
You missed the bottom of the market some time ago. Prices have climbed significantly in the last year.
You should of bought Q3 2011, we are now in a new upcycle, and its early days too.
It's called a bull trap
"It were not best that we should all think alike; it is difference of opinion that makes horse races." - Mark Twain on why he avoids discussing house prices over at MacroBusiness. "Buy land, they're not making any more of it." - Georgist Land Tax proponent Mark Twain laughing in his grave at humourless idiots like skamy that continually use this quip to justify housing bubbles.
Ok then. It appears as though Reiwa is wrong on July as most indices have July up 1% or more for Perth. August so far from a sales point of view has been a stronger month then July. The strong FHB frenzy underway at present will also boost sales in August and September until the grant changes o September 15th. New house sales will be a little slower until then and then it will switch from stronger growth for new houses from established for FHB.
If you want am estimate to current growth, well we know the ABS has growth up to June 2013 of 11%. Since Then RPData has growth in the current September quarter of 4%. We also know that RPdata has constantly been more bearish with its figures then the ABS for the last year which is shown in the figures.
Just using these figures Perth could already be over 15% or close to it with over 1/3 of the year remaining. Perth may get over 20% once all the data is in next year.
Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.
Forum Rules:
The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.
Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.
Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.
This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.
Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ
Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy
