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.

Sunday, 11 December 2016

RBA sees housing prices rising again

Chart Pack

The Reserve Bank's Chart Packs to 1 December showed housing prices starting to pick up the pace again.

Despite talk of Australia 'turning Japanese' and a 'lost decade' household net wealth is actually at a record high, even as assessed against our own record high incomes. 

Average wealth per adult in Australia is now the second highest in the world, behind only Switzerland.

On Tuesday I'll look at the ABS 'official' house price indexes for Q3 2016, in much more detail.