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Category Archives: Darwin
Northern Territory economic snapshot
The Propell report on the Northern Territory economy has been updated and is available from the link below. 131 NT Economic Snapshot April 2012
Housing market stabilising says rpdata
The housing market is showing signs of stabilising says rpdata, as reported by the Property Council (see link) Tim Lawless reported Sydney values up 1.1% over the past quarter “on a more granular basis” i.e. smoothing out their daily series, … Continue reading
Darwin residential market
The Darwin residential market suffered lowering prices during 2011, in common with the rest of Australia, but there are signs that the market may stabilise with prices holding in 2012 as new projects come on stream. Our full report is … Continue reading
Northern Territory economic snapshot
The NT economy has slowed in the past 3 years and is awaiting improvements to come from expansion of gas and mining exports. Our summary of the Territory economy is attached below. NT economy Feb 2012
RpData-Rismark residential price figures need caution
The RpData-Rismark median house price figures for December have been issued today, but we are hesitant to accept them at face value. Firstly, they have revised the November figures, and significantly so. Perth, for example, was reported last month as … Continue reading
Residential auction clearance rates
Auction clearance rates were up in Victoria but down in NSW last week according to REIV: These stats relate to properties for sale by auction, only (i.e. not private treaty sales). Auction is the common method for Victoria and NSW, … Continue reading
Residential markets: RPData-Rismark report
In the RPData-Rismark report released 29 July and attached, residential values are still falling, but the rate of decline is slowing, with prices, nationally, flat over the past months, though they report this as a slight fall in seasonally adjusted … Continue reading
SQM says house prices falling
In an article in today’s News web site is a report on house prices by David Koch, based on data from SQM Research, who are currently in the “bear” camp on the outlook for house prices. They report falls in … Continue reading
Northern Territory economic overview
The official Real State Final Demand Series, seasonally adjusted, for the year to December 2009 showed a decline of 8.0%, but this figure was skewed by the impact on this relatively small economy of one-off factors in 2008 that produced … Continue reading
