Pete Wargent blogspot

Co-founder & CEO of AllenWargent property advisory, offices in Brisbane (Riverside) & Sydney (Martin Place) - clients include hedge funds, resi funds, & private investors.

4 x finance/investment author - 'Get a Financial Grip: a simple plan for financial freedom’ (2012) rated Top 10 finance books by Money Magazine & Dymocks.

"Unfortunately so much commentary is self-serving or sensationalist. Pete Wargent shines through with his clear, sober & dispassionate analysis of the housing market, which is so valuable. Pete drills into the facts & unlocks the details that others gloss over in their rush to get a headline. On housing Pete is a must read, must follow - he is one of the better property analysts in Australia" - Stephen Koukoulas, MD of Market Economics, former Senior Economics Adviser to Prime Minister Gillard.

"Pete Wargent is one of Australia's brightest financial minds - a must-follow for articulate, accurate & in-depth analysis." - David Scutt, Business Insider, leading Australian market analyst.

"I've been investing for over 40 years & read nearly every investment book ever written yet I still learned new concepts in his books. Pete Wargent is one of Australia's finest young financial commentators." - Michael Yardney, Australia's leading property expert, Amazon #1 best-selling author.

"The most knowledgeable person on Aussie real estate markets - Pete's work is great, loads of good data and charts, the most comprehensive analyst I follow in Australia. If you follow Australia, follow Pete Wargent" - Jonathan Tepper, Variant Perception, Global Macroeconomic Research, and author of the New York Times bestsellers 'End Game' and 'Code Red'.

"Pete's daily analysis is unputdownable" - Dr. Chris Caton, Chief Economist, BT Financial.

Invest in Sydney/Brisbane property markets, or for media/public speaking requests, email pete@allenwargent.com

Monday, 15 July 2013

APM: Sydney on track for best ever winter property results

From Dr. Andrew Wilson of APM:

"After coming close during the past three months, Sydney has finally smashed through the 80 per cent barrier by recording a sensational 81 per cent auction clearance rate at the weekend.
Following last weekend's 77.5 per cent clearance rate, the normally quieter July mid-winter auction market is now on track to record its best ever results.
The best regional result in Sydney this weekend was recorded in the south with an exceptional clearance rate of 87 per cent. This was despite it having the highest number of auction listings.
The lower north shore at 86 per cent and the city and east at 85 per cent also provided outstanding regional auction clearance rates at the weekend.
Sydney's housing market has continued to build momentum so far this year with buyer and seller activity clearly rising over the past six months.
Latest ABS data confirms Sydney's strong auction clearance rate data with housing loans approved for owner occupiers in NSW rising by a strong 12.6 per cent over May to be up by nearly 7 per cent over the first five months of this year compared with the same period last year."