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.
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Monday, 29 December 2014
Double-Digit Growth Forecast for Sydney in 2015 (Inner/Middle Ring)
Sydney Leads Again in 2014
There has been a lot of excitement about house prices over the last 5 or 6 years, but the reality is that while prices in Sydney have been very strong, elsewhere there has not been so much to cheer.
Same again in 2014 really, which is once again what we expected to see.
CoreLogc-RP Data's Daily Home Value Index is a sea of green ink with prices rising everywhere, but the strong gains have only really been seen in Sydney.
"Sydney is tipped to once again outperform all housing markets in 2015 in what will be a more subdued year for property, according to most analysts.
Expect more of the same in 2015, with generally soft growth but another strong year for Sydney ahead, with Brisbane also now set to pick up its pace of growth after a lean half decade.
"Andrew Wilson, senior economist at Fairfax Media-owned Domain Group, said house price growth for most capitals in 2015 was likely to be "modest at best, hovering around the inflation rate".