Pete Wargent blogspot

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

'Huge fan of your work. Very impressive!' - Scott Pape, The Barefoot Investor, Australia's #1 bestseller.

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

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

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

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

Monday, 31 August 2015

Stock for sale virtually unchanged from last year

Historically dwelling listings tend to begin to rise from the end of August.

However, nationally dwelling stock on market levels remain 1.3 per cent lower than a year ago.

At the capital city level stock on market has declined over the past year in Hobart (-11 per cent), Canberra (-8 per cent), Melbourne (-5 per cent), Brisbane (-3 per cent), Adelaide (-2 per cent) and Sydney (-1 per cent).

However, there have been significant increases in stock on market in the struggling markets of Perth (+18 per cent) and Darwin (+15 per cent).

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