Pete Wargent blogspot
Co-founder & CEO of AllenWargent property buyer's agents, offices in Brisbane (Riverside) & Sydney (Martin Place), and CEO of WargentAdvisory (providing subscription analysis, reports & services to institutional clients).
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 finest 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.
Friday, 1 April 2016
Brisbane activity hotting up
Brisbane heating up
The latest fortnightly data from the Queensland Titles Registry confirms that transfers, mortgages lodged, releases of mortgages and discharges, and survey plans, are all now tracking at multi-year highs.
It has been a long steady recovery from the financial crisis, and particularly since the floods of January 2011.
It is worth remembering that thanks to the end of the mining construction boom Queensland is home to many of the most depressed and inactive housing markets in the country, such as in the Central Highlands.
The recovery is largely a Brisbane-driven phenomenon.
The data suggests that principal and interest transfers are driving the recovery, in turn suggesting that it is the homebuyer section of the market which is heating up.
In fact, you can already see this happening in the family friendly homebuyer suburbs of Brisbane.