Tag Archives: House 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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Sales-to-Inventory and House Prices Update

This blog updates Proprate’s charts titled Sales-to-Inventory and House Prices and extends the prior blog with the regional sales to inventory.  Chart.1 below illustrates the correlation of UK RICS sales-to-inventory ratio (SIR)  with that of house price inflation. Since our … Continue reading

Posted in Halifax House Price Index, House Price, Nationwide House Price Index, Property, Property Cycle, Real Estate, Sales-to-Inventory, UK Property | Tagged , , , , , , , , , | Leave a comment

US House Price Decline-Federal Housing Finance Agency’s House Price Index

Federal Housing Finance Agency’s (FHFA) seasonally adjusted purchase-only house price index (monthly) was down 0.3% in March.  The FHFA quarterly index was also 2.5% lower in Q1 2011 when compared to Q4 2010.  The index is down 19.8% from the … 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

Posted in Affordability, australia property price, employment, House Price, Property, Property Cycle, Real Estate, unemployment | Tagged , , , , , | Leave a comment

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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Q4 2010 UK GDP Figures

Q4 2010 GDP release has been described in the press as a “shocking contraction”. According to the ONS the bad weather at the tail end of 2010 provided the economic headwinds resulting in the unexpected contraction. The policy divide in … Continue reading

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Addition to Dwelling Stock- Homebuilding Starts and Completions

Addition to Dwelling Stock- Homebuilding Starts and Completions The last blog reviewed the current supply side conditions in terms of inventory levels. The focus of the discussion was on sales-to-inventory as an indicator of supply-side pressures. Our conclusions were that … Continue reading

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