Pete Wargent blogspot

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

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Friday, 23 September 2016

Cooling towers

Slowing

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.