Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

'Must-read, must-follow, one of the finest property analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for in-depth analysis' - David Scutt, Business Insider.

"I've been investing 40 years yet I still learned new concepts; one of the finest young commentators" - Michael Yardney, Amazon #1 bestseller.

'The most knowledgeable person on Aussie real estate - loads of good data & charts, the most comprehensive analyst I follow in Australia...follow Pete Wargent' - Jonathan Tepper, Variant Perception, 2 x NYT bestseller.

'Superlative work' - Grant Williams, founder RealVision.

Tuesday, 4 August 2015

New home sales up a bit

According to the Housing Industry Association (HIA) new home sales increase marginally by a seasonally adjusted 0.5 per cent in June.

New home sales remains at "an extremely elevated level" according to the HIA. 

The June result was driven by increases in New South Wales (+3.5 per cent), Victoria (+1.5 per cent) and Queensland (+4.2 per cent), but offset by declines elsewhere.