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.

Wednesday, 11 January 2017

Google trends...


Google searches for "Sydney property bubble" correlated quite nicely with the blazing fury that was the Sydney property market of May and June 2015. 

Source: Google Trends

Auction clearance rates had soared to nearly 90 per cent in May of that year. 

Figures released relating to the June 2015 quarter by the ABS showed that dwelling prices had increased by 18.9 per cent over the preceding year, topping out at an annualised gain of 19.9 per cent in the following quarter.