Monthly returns for Brisbane houses
Introducing the Brisbane house scoreboard. The Residex data which I think is excellent extends back to the 70's and I will update then when possible.
The strong growth of the 2000's is striking, to some extent compensation for the 90's and to some extent overshoot which we have been paying for since 2007.
Early indications for 2012 are encouraging based on leading indicators I monitor. A few months of stability or even growth could do wonders for market sentiment. November RP data/Rismark data recorded a growth nationally but Brisbane was still down and I'm waiting for the November data from Residex.
click on image for larger view
click on image for larger view
Introducing the Brisbane house scoreboard. The Residex data which I think is excellent extends back to the 70's and I will update then when possible.
The strong growth of the 2000's is striking, to some extent compensation for the 90's and to some extent overshoot which we have been paying for since 2007.
Early indications for 2012 are encouraging based on leading indicators I monitor. A few months of stability or even growth could do wonders for market sentiment. November RP data/Rismark data recorded a growth nationally but Brisbane was still down and I'm waiting for the November data from Residex.
click on image for larger view
click on image for larger view