Category Archives: australia property price

Australian GDP Growth Slows

Australian Q1 2011 GDP release, reported the largest quarterly contraction of 1.2%. Farm GDP declined by 10%, while non-farm GDP declined 1% on a quarter-to-quarter basis. “Flooding, which began in late December 2010 combined with cyclones in both Queensland and … Continue reading

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Australian Employment and House Prices

The recent Labour force release from the Australian Bureau Statistics reported that the unemployment rate decreased from 5.0% to 4.9%. What does this mean for house price inflation? Chart.1 Unemployment in 2011 Chart.1 shows the recent employment rate at the … Continue reading

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Australian House Prices Returning to Trend in 2011?

The most recent (released Feb 1 2011) house price data positive trend for the eight capital cities. The Australian Bureau Statistics using a clustering approach. The property clustered based on specific attributes. The weights are at the cluster level, according … Continue reading

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