Pete Wargent blogspot

Co-founder & CEO of AllenWargent property advisory & buyer's agents, 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

Sunday, 25 August 2013

House prices rise in NI

It's been a long, long time coming. From the BBC:

"House prices in Northern Ireland have shown an increase across the board for the first time since 2007, according to a new report. The NI Residential Property Price Index indicates that residential property prices rose by 2% between the first and second quarter of the year. All property types have increased in value. This is the first time since the second quarter of 2007 that all property types have shown an increase. However, prices are still 3% lower than this time last year, and 11% lower than in the first quarter of 2005."

It's also notable that the UK economy is picking up, with growth for the quarter being recorded at 0.7%.

The economy in Britain looks brighter than today's weather - an utterly dreadful day here!

Meanwhile back in Oz, it looks as though Melbourne will the story this week after it recorded a very strong preliminary auction clearance rate of 82% according to the REIV, coming in even higher than Sydney's very high 79%.

The ongoing strength of Melbourne's markets after its great boom in prices have been a real surprise to me. Probably to plenty of others too, I guess.