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.

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'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.

Friday, 23 September 2016

Cooling towers


Residex uses a slightly different methodology to some other indices, but its latest update is another tick in the cooling market box in August, as new supply comes online.

Sydney's median houses price is now up by just +1.2 per cent from a year ago, and unit prices +3.8 per cent.

House prices in a number of markets are now some way below their cyclical peak.

Residex full report is here.