The Real Estate Market in Southern Tasmania

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "The Real Estate Market in Southern Tasmania"

Transcription

1 The Real Estate Market in Southern Tasmania 1995 to 2018 Real Estate

2 by Nigel Heaven Director of Property Marketing & Management Pty Ltd Involved in over 0 property sales in the past 23 years Real Estate Key factors that drive the Southern Tasmania Market SUPPLY DEMAND AND PRICES What affects supply, demand and prices? Demographics Migration to Southern Tasmania is accelerating. Put simply more people means more demand for property. International Market The Global Financial Crisis had a big effect on the Southern Tasmania Market. National Market As prices soar in other parts of Australia, buyers turn their attention to Southern Tasmania. In comparison to mainland states, Southern Tasmania property prices are low with exceptionally high rental returns. Economic Growth As the economy grows and wages increase, more people can afford to buy property. High employment promotes property sales growth. Government Interference The First Home Buyers Government Grants have affected the Tasmanian market for new home and land purchases. The recently announced Stamp Duty relief may have some effect on the market. Unfortunately Government interference usually results in a rise in property prices. Interest rates and Financial Institutions Lower interest rates have a big impact on property affordability. Financial institution lending practices effect the market. Other Local Factors Airbnb Believed to be over 2,000 in Tasmania which reduces property stock for both rent and sale. University Expansion Overseas and mainland students need extra accommodation both to buy and rent. It is believed the number of students has more than doubled. Tourism Boom The so-called Mona Tourism effect on the property market, another factor, the Chinese leader s visit to Tasmania and the resulting increase in Chinese investment in Tasmania. Confidence At this time the overall confidence in the market is high. Land The availability and number of allotments. Land tends to be sold in stages due to the huge taxation implications, developers have to pay if they sell all in one financial year. Local Climate - The temperate climate of Southern Tasmania is attractive as global warming takes hold. As can be established from the above factors, there are numerous conditions which may effect our local real estate market.

3 The Real Estate Market Southern Tasmania based on property sales Types of markets that I have experienced in Southern Tasmania based on the monthly number of sales Sellers Market Around sales per month Prices rising Sales increase Tons of investors Increased rental yields Price growth positive Sales are extremely high Unlimited investors Rental yields stable Top of Cycle (Boom) 600 plus sales per month (last occurred years 2-04) Highest monthly record 874 sales in August 3 Prices are steady Sales numbers improve Prices fall Sales numbers down Few investors Rental yields fall Normal, Balanced or Recovery Market Around sales per month Investor numbers increase Rental yields improve Buyers Market Less than 350 sales per month When is the best time to sell my property? What is the best month to sell my property? In a boom market 600 plus sales per month (last boom 2/04) Without doubt, historically February and March As portrayed in the above chart and graph opposite - Number of sales in Southern Tasmania Financial year by year As portrayed in the graph opposite - Average Residential Sales in Southern Tasmania per month

4 About Our Market 9000 Number of Sales in Southern Tasmania Financial Year by Year Average Number of Property Sales /96 96/97 97/98 98/99 99/00 00/01 01/02 02/03 03/04 04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 Financial Year Average Residential Real Estate Sales in Southern Tasmania Per Month Since Average sales per month Average Number of Property Sales Average Market Sales per month over last 23 years The sales numbers used to complete the above graphs were provided by real estate agencies to the Real Estate Institute of Tasmania and include all land, units and house sales.

5 The Current Market 600 Total Residential Property Sales in Southern Tasmania Month by Month Commencing January Number of Property Sales Average Market Sales over last 23 years Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec The Current Market The Southern Tasmanian Real Estate market as at 30 June I have never known a market like this one - rising property prices and a massive shortage of properties for sale. In some areas up to 60% less stock than normal. Based on the number of sales per month, we are now in a SELLERS MARKET, not a BOOM MARKET (as stated in the press). Prices have increased due to the shortage of stock. In the past year, property values have grown over 13%. Stock for sale is down on average around 40%. The Government s decision to only subsidise the First Home Buyers Grant for NEW home purchases (designed to stimulate the building industry) is one of the reasons for the stock shortage currently being experienced in the market. The so called Domino Effect, for example, a first home buyer buys a low priced property in Risdon Vale, then that seller upgrades to Geilston Bay and the Geilston Bay seller buys in South Hobart. This process is rarely seen in the current market. Very few contracts are subject to sale. Another reason is the lack of migration interstate, because there is plenty of employment in Tasmania. The building industry in particular is booming, leading to a flow on effect to hardware stores and building suppliers etc. Also the high number of renovations may have some effect on the market stock. The market would seem to be more driven by local retirees, and investors. Approximately another 20% are mainland investors and buyers with a sprinkling of overseas buyers. There is an extremely high demand for property and it is common to receive a dozen offers on a single property. Property prices in Southern Tasmania are now at a level where many locals are thinking do I really want to pay that much for property?

6 Total Residential Real Estate Sales in Southern Tasmania Month by Month Commencing January Number of Property Sales a Bligh Street, Rosny Park (opposite Eastlands) Real Estate

MLS of Greater Cincinnati - Charts for the Month: November 2017

MLS of Greater Cincinnati - Charts for the Month: November 2017 MLS of Greater Cincinnati - Charts for the Month: November 2017 The following charts provide an overview of what has occurred in the MLS over the past month. Each chart provides a historical trend. The

More information

Monthly Indicators % % - 9.2%

Monthly Indicators % % - 9.2% Monthly Indicators 2016 New Listings were down 1.4 percent for single family/duplex homes and 25.0 percent for townhouse-condo properties. Pending Sales increased 58.3 percent for single family/duplex

More information

Monthly Indicators % % - 3.5%

Monthly Indicators % % - 3.5% Monthly Indicators 2017 New Listings were up 6.3 percent for the category but decreased 33.1 percent for the category. Pending Sales increased 5.0 percent for but decreased 1.3 percent for. The Median

More information

July 2012 was $162,256. ($153,956). was $314,607. was $172,488. ($164,426). Kansas City Region Average Sales Price - Existing Homes

July 2012 was $162,256. ($153,956). was $314,607. was $172,488. ($164,426). Kansas City Region Average Sales Price - Existing Homes July 212 Kansas City Regional Real Estate Market Report Average Sales Price The average exis ng home sale price in July 212 was $162,256. 25 Kansas City Region Average Sales Price - Existing Homes July

More information

Monthly Indicators + 4.8% - 3.5% %

Monthly Indicators + 4.8% - 3.5% % Monthly Indicators 2015 New Listings were up 45.0 percent for single family/duplex homes but decreased 44.1 percent for townhouse-condo properties. Pending Sales increased 14.3 percent for single family/duplex

More information

Monthly Indicators % % %

Monthly Indicators % % % Monthly Indicators 2016 Percent changes calculated using year-over-year comparisons. New Listings were down 27.6 percent for single family homes and 41.8 percent for townhouse-condo properties. Pending

More information

May 2008 MLS Month in Review

May 2008 MLS Month in Review May 28 MLS Month in Review The Albuquerque Market continues to improve, and it s evident that finally, the negative media is turning into positive media. This month s TOP Selling Price Range is $2K to

More information

Information sheet A Data

Information sheet A Data House prices: Statistics activity House prices change over time, but do so at different rates in different places. In this activity you will use statistical diagrams and measures to compare house prices

More information

New Zealand Property Market Report

New Zealand Property Market Report New Zealand Property Market Report August 20 Introduction What is the purpose of this report? This report is aimed at equipping you with the best and most up to date information to make sure you make the

More information

Housing market report

Housing market report Capital city market report Prepared August Dr Andrew Wilson, Senior Economist Australian Property Monitors Buyer momentum rises through mid-winter housing markets National overview Buyer and seller momentum

More information

Monthly Indicators % + 9.7% %

Monthly Indicators % + 9.7% % Monthly Indicators 2016 Percent changes calculated using year-over-year comparisons. New Listings were up 11.1 percent for single family homes and down 30.8 percent for townhouse-condo properties. Pending

More information

UDIA WA PROPERTY MARKET STATISTICS

UDIA WA PROPERTY MARKET STATISTICS UDIA WA PROPERTY MARKET STATISTICS OCTOBER 217 1 IN THIS ISSUE KEY TRENDS INDUSTRY UPDATE 3 4 ECONOMY RESIDENTIAL LAND DEVELOPMENT RESIDENTIAL PROPERTY SETTLEMENTS RESIDENTIAL PROPERTY MARKET RESIDENTIAL

More information

Rightmove House Price Index

Rightmove House Price Index Under embargo for 00.01 hours, Monday 21 st May 2018 Rightmove House Price Index The largest monthly sample of residential property prices May 2018 National edition Under embargo for 00.01 hours, Monday

More information

Outlook for Median Home Selling Prices. United States data are useless for us.

Outlook for Median Home Selling Prices. United States data are useless for us. Outlook for Median Home Selling Prices Outline United States Data Unobserved Prices The Future of California s Median Home Price Bill Watkins August 28, 28 2.% Existing Single-family Housing Sales percent

More information

Monthly Indicators + 7.3% + 6.6% + 8.3% Single-Family Market Overview Condo Market Overview New Listings Pending Sales.

Monthly Indicators + 7.3% + 6.6% + 8.3% Single-Family Market Overview Condo Market Overview New Listings Pending Sales. Monthly Indicators 2018 The three most prominent national market trends for residential real estate are the ongoing lack of abundant inventory, the steadily upward movement of home prices and year-over-year

More information

England Occupancy Survey May 2017 SUMMARY OF RESULTS

England Occupancy Survey May 2017 SUMMARY OF RESULTS England Occupancy Survey 2017 SUMMARY OF RESULTS Room occupancy in 2017 increased +1% to 73%. Bedspace occupancy also increased +1% to 54%. Weekday room occupancy remained stable at 72% whilst weekend

More information

Released: October 2011

Released: October 2011 Released: October 2011 Commentary 2 The Numbers That Drive Real Estate 3 Special Report 9 Brought to you by: KW Research Commentary The national housing market remains firmly planted in balanced territory.

More information

2017 RESIDENTIAL REAL ESTATE MARKET REPORT

2017 RESIDENTIAL REAL ESTATE MARKET REPORT 2017 RESIDENTIAL REAL ESTATE MARKET REPORT Published January 26, 2018 Our market reports have been focused on the effects of low inventory on our housing market and for good reason. December 2017 marked

More information

FOR IMMEDIATE RELEASE Contact: David B. Bennett President & CEO Phone:

FOR IMMEDIATE RELEASE Contact: David B. Bennett President & CEO Phone: FOR IMMEDIATE RELEASE Contact: David B. Bennett President & CEO Phone: 727-216-32 Email: dbennett@tampabayrealtor.com Real Estate Statistics for December 217 wrapped up a sizzling 217 with a steady month

More information

Inner Perth Residential Market Report

Inner Perth Residential Market Report Inner Perth Residential Market Report MARCH QUARTER 2014 Inner Perth Residential Market Market Highlights While Western Australia will experience slowed short term growth as the state transitions from

More information

BRISBANE HOUSING MARKET STUDY

BRISBANE HOUSING MARKET STUDY BRISBANE HOUSING MARKET 2018 STUDY Executive Summary Brisbane s residential market, especially the detached houses segment has risen steadily over the last year due to the rise in population, falling unemployment

More information

June 2008 MLS Month in Review

June 2008 MLS Month in Review June 28 MLS Month in Review The Greater Albuquerque Real Estate Market continues to be strong. REALTORS put 1,769 homes under contract in the month of June. For our Market Area, sales are up 9.5% for Detached

More information

Released: September 2011

Released: September 2011 Released: September 2011 Commentary 2 The Numbers That Drive Real Estate 3 Special Report 9 Brought to you by: KW Research Commentary The national housing market remains firmly planted in balanced territory.

More information

SE Michigan Residential Real Estate Recovery Are we there yet or is it over?

SE Michigan Residential Real Estate Recovery Are we there yet or is it over? SE Michigan Residential Real Estate Recovery Are we there yet or is it over? Changing View of Residential Transactions Changing View of Residential Transactions 2015 Short Sales 3% Leases Bank 11% Owned

More information

UDIA WA PROPERTY MARKET STATISTICS

UDIA WA PROPERTY MARKET STATISTICS UDIA WA PROPERTY MARKET STATISTICS JUNE 218 1 IN THIS ISSUE KEY TRENDS INDUSTRY UPDATE ECONOMY RESIDENTIAL LAND DEVELOPMENT RESIDENTIAL PROPERTY SETTLEMENTS RESIDENTIAL PROPERTY MARKET RESIDENTIAL CONSTRUCTION

More information

Housing market report

Housing market report Capital city market report Prepared September Dr Andrew Wilson, Senior Economist Australian Property Monitors No sign of winter pause as housing markets gather strength into spring National overview Buyer

More information

FOR IMMEDIATE RELEASE Contact: David B. Bennett President & CEO Phone:

FOR IMMEDIATE RELEASE Contact: David B. Bennett President & CEO Phone: FOR IMMEDIATE RELEASE Contact: David B. Bennett President & CEO Phone: 727-216-32 Email: dbennett@tampabayrealtor.com Real Estate Statistics for September 216 At this time of year everyone starts to get

More information

Asking Price Index Released 12/02/16 February 2016

Asking Price Index Released 12/02/16 February 2016 EMBARGOED UNTIL 12/02/16 HOME.CO UK ASKING PRICE INDEX February 2016 Released: 12/02/2016 1 of 6 Asking Price Index Released 12/02/16 February 2016 England Prices Take a Spring Leap Headlines England prices

More information

ANNUAL HOUSE PRICE GROWTH RISES TO 4.5%

ANNUAL HOUSE PRICE GROWTH RISES TO 4.5% ANNUAL HOUSE PRICE GROWTH RISES TO 4.5% 07/11/2017 +4.5% Annual change +0.3% Monthly change +2.3% Quarterly change 225,826 Average Price House prices in the last three months (August-October) were 2.3%

More information

Rightmove House Price Index

Rightmove House Price Index Rightmove House Price Index The largest monthly sample of residential property prices January 2018 London edition Asking prices down 1.4% in London this month as sellers tempt New Year buyers New-to-market

More information

Scottish Accommodation Occupancy Survey. Annual Report 2016

Scottish Accommodation Occupancy Survey. Annual Report 2016 Scottish Accommodation Occupancy Survey Annual Report 2016 Contents 1. What is the Scottish Accommodation Occupancy Survey? 03 2. Hotels 08 3. Guest Houses and B&Bs 15 4. Self-catering 21 5. Caravan &

More information

Qatar Real Estate Market Overview. Cityscape, March 2017

Qatar Real Estate Market Overview. Cityscape, March 2017 Qatar Real Estate Market Overview Cityscape, March 217 Qatar Real Estate Market Overview Introduction Overview The fall in oil prices, which started in 214, started to have an impact the real estate market

More information

SMALL INVESTORS CAN NOW PROVIDE TURNKEY PROPERTIES NATIONWIDE

SMALL INVESTORS CAN NOW PROVIDE TURNKEY PROPERTIES NATIONWIDE SMALL INVESTORS CAN NOW PROVIDE TURNKEY PROPERTIES NATIONWIDE Large real estate investment firms have been riding a large wave of opportunity and profit margins by providing turnkey rental investment properties

More information

SFR Condo Residential Lot Sales Inventory Sales Inventory Sales Inventory. Month YTD Month Month YTD Month Month YTD Month

SFR Condo Residential Lot Sales Inventory Sales Inventory Sales Inventory. Month YTD Month Month YTD Month Month YTD Month Grand Strand Market Report 2017 capped off a great year for the Grand Strand as full year SFR sales volume and median sales price were up 9.8% and 4.3%, respectively. Condo sales activity increased 3.0%

More information

UDIA WA PROPERTY MARKET STATISTICS

UDIA WA PROPERTY MARKET STATISTICS UDIA WA PROPERTY MARKET STATISTICS AUGUST 217 1 What s new in strata? Learn how community title schemes and leasehold strata are changing the strata game. Visit landgate.wa.gov.au/strata-reform Subscribe

More information

Housing Bulletin Monthly Report

Housing Bulletin Monthly Report October 21 1 Housing Bulletin Monthly Report Housing Starts show Slight improvement in September CANADA Housing Starts 2, 15, 1, 5, Sep 8 Oct 8 Nov 8 Dec 8 Preliminary Housing Starts in Alberta and Canada

More information

Changing Economic Times. Market Pulse. Dr. Gary Jackson Director, Regional Economic Research Institute Florida Gulf Coast University April 8, 2008

Changing Economic Times. Market Pulse. Dr. Gary Jackson Director, Regional Economic Research Institute Florida Gulf Coast University April 8, 2008 Changing Economic Times Presented to: Market Pulse Bonita Springs Area Chamber of Commerce Bonita Springs-Estero Association of REALTORS, Inc. Dr. Gary Jackson Director, Regional Economic Research Institute

More information

UDIA WA PROPERTY MARKET STATISTICS

UDIA WA PROPERTY MARKET STATISTICS UDIA WA PROPERTY MARKET STATISTICS APRIL 218 1 IN THIS ISSUE KEY TRENDS INDUSTRY UPDATE ECONOMY RESIDENTIAL LAND DEVELOPMENT RESIDENTIAL PROPERTY SETTLEMENTS RESIDENTIAL PROPERTY MARKET RESIDENTIAL CONSTRUCTION

More information

San Francisco Bay Area to Marin, San Francisco, and San Mateo Counties Housing and Economic Outlook

San Francisco Bay Area to Marin, San Francisco, and San Mateo Counties Housing and Economic Outlook San Francisco Bay Area to 019 Marin, San Francisco, and San Mateo Counties Housing and Economic Outlook Bay Area Economic Forecast Summary Presented by Pacific Union International, Inc. and John Burns

More information

Sep September 2018

Sep September 2018 18 September 18 MONTHLY STATISTICS PACKAGE City of Calgary Persistent buyers market continues 18 City of Calgary, October 1, 18 With no change in the economic climate, Calgary s sales activity totaled

More information

Rightmove House Price Index

Rightmove House Price Index Rightmove House Price Index The largest monthly sample of residential property prices January 2018 National edition Busy start to 2018 with increased home-hunter activity Early traffic data indicates a

More information

Provided by Keller Williams Realty Professional Partners Statistics from September 2010 MLS

Provided by Keller Williams Realty Professional Partners Statistics from September 2010 MLS Monthly Market Watch for Maricopa County An overview of what is happening in the Maricopa County real estate market (using September 2010 statistics) Report overview: This report includes MLS data for

More information

Commentary 2. Released: May The Numbers That Drive Real Estate 3. Special Report 9. Brought to you by: KW Research

Commentary 2. Released: May The Numbers That Drive Real Estate 3. Special Report 9. Brought to you by: KW Research Released: May 2011 Commentary 2 The Numbers That Drive Real Estate 3 Special Report 9 Brought to you by: KW Research Commentary Despite lingering effects from regulatory changes in the mortgage markets,

More information

MONTHS OF SUPPLY AND PRICE CHANGES. Home improvement November marks a rise in sales. MONTHLY STATISTICS PACKAGE City of Calgary. Nov.

MONTHS OF SUPPLY AND PRICE CHANGES. Home improvement November marks a rise in sales. MONTHLY STATISTICS PACKAGE City of Calgary. Nov. November 17 17 Home improvement November marks a rise in sales. City of Calgary, December 1, 17 The November housing market was spurred by a rise in sales, particularly in the lower price ranges. Sales

More information

FOR IMMEDIATE RELEASE Contact: David B. Bennett President & CEO Phone:

FOR IMMEDIATE RELEASE Contact: David B. Bennett President & CEO Phone: FOR IMMEDIATE RELEASE Contact: David B. Bennett President & CEO Phone: 727-216-32 Email: dbennett@tampabayrealtor.com Real Estate Statistics for September 217 September s numbers are out, and it comes

More information

Monthly Indicators % % %

Monthly Indicators % % % Monthly Indicators 2018 Percent changes calculated using year-over-year comparisons. New Listings were down 12.9 percent for single family homes and 21.3 percent for townhouse-condo properties. Pending

More information

Monthly Market Watch for Maricopa County An overview of what is happening in the Maricopa County real estate market

Monthly Market Watch for Maricopa County An overview of what is happening in the Maricopa County real estate market Monthly Market Watch for Maricopa County An overview of what is happening in the Maricopa County real estate market Provided by Susan Kraemer of Prudential Arizona Properties Report overview: This report

More information

REAL ESTATE AND THE ECONOMIC OUTLOOK THROUGH 2013:

REAL ESTATE AND THE ECONOMIC OUTLOOK THROUGH 2013: 1 1 REAL ESTATE AND THE ECONOMIC OUTLOOK THROUGH 2013: Coping With A Different Kind Of Housing Recovery A Presentation To The Commercial Real Estate Education Summit Monrovia, California July 13, 2012

More information

Scott Market Report Stronger Sales Continue

Scott Market Report Stronger Sales Continue June 20 Scott Market Report Stronger Sales Continue The Outer Banks real estate market is seeing good signs in most market segments. After a somewhat slow start to 20, sales agreements picked up significantly

More information

FALLON CHURCHILL COUNTY, NEVADA RESIDENTIAL REAL ESTATE TRACKING REPORT

FALLON CHURCHILL COUNTY, NEVADA RESIDENTIAL REAL ESTATE TRACKING REPORT FALLON CHURCHILL COUNTY, NEVADA RESIDENTIAL REAL ESTATE TRACKING REPORT 3rd QUARTER 15 BOB GETTO, C.R.S. & S.F.R. Nevada real estate broker, Lic # 16039 Council of Residential Specialists certified, National

More information

2017 IN REVIEW THE BLUE MTS. REAL ESTATE MARKET REPORT LOCATIONS ROYAL LEPAGE S 2016 BROKERAGE OF THE YEAR FOR ONTARIO.

2017 IN REVIEW THE BLUE MTS. REAL ESTATE MARKET REPORT LOCATIONS ROYAL LEPAGE S 2016 BROKERAGE OF THE YEAR FOR ONTARIO. THE BLUE MTS. REAL ESTATE MARKET REPORT IN REVIEW WE RE PROUD AND GRATEFUL TO HAVE BEEN CHOSEN AS ROYAL LEPAGE S BROKERAGE OF THE YEAR FOR ONTARIO OVERVIEW RECORD VOLUME SALES, HIGHER PRICES, SHORTER SALE

More information

Housing Related Poverty and Homelessness in Tasmania

Housing Related Poverty and Homelessness in Tasmania Housing Related Poverty and Homelessness in Tasmania Andrea Young, Shelter Tasmania and Lindsey Moffatt, Anglicare Tasmania Introduction Affordable and secure housing provides an essential foundation for

More information

2018 Real Estate Forecast Breakfast. Real Estate Market Update

2018 Real Estate Forecast Breakfast. Real Estate Market Update 2018 Real Estate Forecast Breakfast Central Oregon Association of REALTORS Real Estate Market Update Paul C. Bishop, PhD, CBE Vice President, Research NATIONAL ASSOCIATION OF REALTORS February 22, 2018

More information

November 1, The Victoria real estate market s return to balance not linear, but also not unexpected

November 1, The Victoria real estate market s return to balance not linear, but also not unexpected PRESIDENT Kyle Kerr PRESIDENT ELECT Cheryl Woolley SECRETARY TREASURER David Langlois PAST PRESIDENT Ara Balabanian DIRECTORS Jackie Adkins Sandi-Jo Ayers Bill Ethier Karen Dinnie-Smyth Andrew Plank EXECUTIVE

More information

Published in Spring 1986 Issue The Real Estate Appraiser & Analyst Society of Real Estate Appraisers 1

Published in Spring 1986 Issue The Real Estate Appraiser & Analyst Society of Real Estate Appraisers 1 (1) Published in Spring 1986 Issue The Real Estate Appraiser & Analyst Society of Real Estate Appraisers 1 Alternative Valuation Methods for Leasehold Properties By Tony Sevelka, AACI, SREA, MAI, CRE Introduction

More information

DETACHED MULTI-UNIT APPROVALS

DETACHED MULTI-UNIT APPROVALS HIA New Home Sales DETACHED MULTI-UNIT APPROVALS SALES MULTI-UNIT DETACHED A monthly update on the sales of new homes December 217 TAX BURDEN TAKES TOLL ON New Home Sales during 217 Sales still post modest

More information

Released: September 7, 2010

Released: September 7, 2010 Released: September 7, 2010 Commentary 2 The Numbers That Drive Real Estate 3 Special Reports 9 Topics for Home Buyers, Sellers, and Owners 11 Brought to you by: KW Research Commentary Canada s housing

More information

FALLON CHURCHILL COUNTY, NEVADA RESIDENTIAL REAL ESTATE TRACKING REPORT

FALLON CHURCHILL COUNTY, NEVADA RESIDENTIAL REAL ESTATE TRACKING REPORT FALLON CHURCHILL COUNTY, NEVADA RESIDENTIAL REAL ESTATE TRACKING REPORT 1st QUARTER 2016 BOB GETTO, C.R.S. & S.F.R. Nevada real estate broker, Lic # 16039 Council of Residential Specialists certified,

More information

M onthly arket. July Table of Contents. Monthly Highlights

M onthly arket.   July Table of Contents. Monthly Highlights Table of Contents Market Inventory...2 www.gaar.com Monthly Highlights The median sale price of single-family, detached homes climbed to $190,000 in July 2014, the highest level since August 2008. Market

More information

Released: April 8, 2011

Released: April 8, 2011 Released: April 8, 2011 Commentary 2 The Numbers That Drive Real Estate 3 Special Report 9 Brought to you by: KW Research Commentary The housing market continues on a relatively stable and balanced track.

More information

O O ct ct ober 2017

O O ct ct ober 2017 October Status Quo for Calgary's Housing Market Prices remain similar to last year, but ease in October., November 1, 17 October s housing market conditions closely echoed previous month s trends with

More information

Housing s Impact on Local Government Finance

Housing s Impact on Local Government Finance Housing s Impact on Local Government Finance Meeting of the Virginia Government Finance Officers Association Virginia Beach, Virginia June 9, 2011 Virginia Housing Development Authority Impact of Home

More information

Released: November 2011

Released: November 2011 Released: November 2011 Commentary 2 The Numbers That Drive Real Estate 3 Special Report 9 Brought to you by: KW Research Commentary The national housing market remains firmly balanced. Year-to-date sales

More information

Phoenix, Central and Northern Arizona

Phoenix, Central and Northern Arizona Phoenix, Central and Northern Arizona End of Year Housing Report 1-8-354-5664 LongRealty.com 217 End of Year Housing Report SALES & INVENTORY Housing market trends For the overall real estate market in

More information

THE SECRET AGENT REPORT VOLUME 43 - MAY 2016 SECRETAGENT.COM.AU TRUE CAPITAL GROWTH

THE SECRET AGENT REPORT VOLUME 43 - MAY 2016 SECRETAGENT.COM.AU TRUE CAPITAL GROWTH THE SECRET AGENT REPORT VOLUME 43 - MAY 2016 SECRETAGENT.COM.AU TRUE CAPITAL GROWTH The Inside Perspective 3 TRUE CAPITAL GROWTH by Richard Rossman 8 MARKET REVIEW by Richard Rossman " is what you pay.

More information

MARCH 2019 Harrisonburg & Rockingham County Real Estate Market Report

MARCH 2019 Harrisonburg & Rockingham County Real Estate Market Report MARCH 219 Real Estate Market Report An analysis of real estate activity through February 28, 219 provided courtesy of Scott P. Rogers, Funkhouser Real Estate Group Spacious Four Bedroom Brick Colonial

More information

California Housing Market Update. Monthly Sales and Price Statistics November 2018

California Housing Market Update. Monthly Sales and Price Statistics November 2018 California Housing Market Update Monthly Sales and Price Statistics November 2018 Home Sales: Largest Decline Since 2014 California, November 2018 Sales: 381,400 Units, -4.6% YTD, -13.4% YTY 700,000 600,000

More information

California Housing Market Update. Monthly Sales and Price Statistics September 2018

California Housing Market Update. Monthly Sales and Price Statistics September 2018 California Housing Market Update Monthly Sales and Price Statistics September 2018 Sales Had the Largest Decline since March 2014 California, September 2018 Sales: 382,550 Units, -3.3% YTD, -12.4% YTY

More information

METROPOLITAN TRACT PERFORMANCE REPORT For the Quarter Ended June 30, 2006

METROPOLITAN TRACT PERFORMANCE REPORT For the Quarter Ended June 30, 2006 F-5 METROPOLITAN TRACT PERFORMANCE REPORT For the Quarter Ended June 30, 2006 Finance, Audit & Facilities Committee September 21, 2006 CONSOLIDATED METROPOLITAN TRACT PROPERTIES Quarterly Summary Quarterly

More information

FEBRUARY 2019 Harrisonburg & Rockingham County Real Estate Market Report

FEBRUARY 2019 Harrisonburg & Rockingham County Real Estate Market Report FEBRUARY 219 Real Estate Market Report An analysis of real estate activity through January 31, 219 provided courtesy of Scott P. Rogers, Funkhouser Real Estate Group Immaculate Brick Highland Park Colonial

More information

RESIDENTIAL MARKET REPORT MARCH QUARTER 2017

RESIDENTIAL MARKET REPORT MARCH QUARTER 2017 RESIDENTIAL MARKET REPORT MARCH QUARTER 2017 EXECUTIVE SUMMARY RESIDENTIAL LAND MARKET - VICTORIA The established house and vacant land markets across Greater Melbourne continued to remain buoyant in the

More information

METROPOLITAN TRACT PERFORMANCE REPORT For the Quarter Ended June 30, 2007

METROPOLITAN TRACT PERFORMANCE REPORT For the Quarter Ended June 30, 2007 F-6 METROPOLITAN TRACT PERFORMANCE REPORT For the Quarter Ended June 30, 2007 Finance, Audit & Facilities Committee September 20, 2007 CONSOLIDATED METROPOLITAN TRACT PROPERTIES Quarterly Summary Quarterly

More information

Analysis of Current and Forecasted Demand for Housing in North America

Analysis of Current and Forecasted Demand for Housing in North America Analysis of Current and Forecasted Demand for Housing in North America TIMBER MEASUREMENT SOCIETY Central Meeting April 9, 2015 Coeur d Alene, Idaho Delton Alderman Forest Products Marketing Unit Forest

More information

Victoria Real Estate Market Statistics for August Sept 1, 2017

Victoria Real Estate Market Statistics for August Sept 1, 2017 Victoria Real Estate Market Statistics for August 27 Sept, 27 A total of 736 properties sold in the Victoria Real Estate Board region this August, 6.6 per cent fewer than the 883 properties sold in August

More information

THE VALUE PROPOSITION OF A STRONG INDUSTRY ASSOCIATION SCOTT ANDISON

THE VALUE PROPOSITION OF A STRONG INDUSTRY ASSOCIATION SCOTT ANDISON THE VALUE PROPOSITION OF A STRONG INDUSTRY ASSOCIATION SCOTT ANDISON JANUARY 15, 2016 THE LINE UP THE FRPO BRAND INDUSTRY PROFILE THE NEED FOR INDUSTRY ADVOCACY SELECT POLICY PRIORITIES QUESTIONS 2 Professional

More information

August 1, Victoria Housing Market Still Finding Its Balance

August 1, Victoria Housing Market Still Finding Its Balance August, 28 PRESIDENT Kyle Kerr PRESIDENT ELECT Cheryl Woolley SECRETARY TREASURER David Langlois PAST PRESIDENT Ara Balabanian DIRECTORS Jackie Adkins Sandi-Jo Ayers Bill Ethier Karen Dinnie-Smyth Andrew

More information

Property. Mashreq. Economic Overview. Wealth Gauge.

Property. Mashreq. Economic Overview. Wealth Gauge. FOR THE PRIVILEGED FEW Mashreq Volume 12 August 20 Economic Overview As per National Bureau of Statistics, the economic growth in UAE for 20 stands at 5.2 which was well supported by Trade & Tourism, Hospitality

More information

Accounting and Finance Policies and Procedures. Contents are subject to change. For the latest updates visit

Accounting and Finance Policies and Procedures. Contents are subject to change. For the latest updates visit Policies and Procedures Page 1 of 11 Why Attend Accounting and finance policies and procedures are the most efficient way to implement company-wide effective internal control tools in any organization.

More information

Victoria Real Estate Market responds as expected to the changing market conditions of 2018

Victoria Real Estate Market responds as expected to the changing market conditions of 2018 PRESIDENT Cheryl Woolley PRESIDENT ELECT & TREASURER Sandi-Jo Ayers PAST PRESIDENT Kyle Kerr DIRECTORS Jackie Adkins Sheila Aujla Karen Dinnie-Smyth David Langlois Andrew Plank Graden Sol EXECUTIVE OFFICER

More information

Released: June 7, 2010

Released: June 7, 2010 Released: June 7, 2010 Commentary 2 The Numbers That Drive Real Estate 3 Recent Government Action 9 Topics for Home Buyers, Sellers, and Owners 11 Brought to you by: KW Research Commentary The housing

More information

A A p p r ril 2017

A A p p r ril 2017 April 17 17 Housing market retains momentum in April Citywide prices hold steady as labour market improves City of Calgary, May 1, 17 Calgary s housing market continued to show signs of stability in April.

More information

Property. Mashreq. Economic Overview. Wealth Gauge.

Property. Mashreq. Economic Overview. Wealth Gauge. Economic Overview United Arab Emirates has continued to benefit from surging confidence, safeheaven status, rising population and stable world class real estate market opportunities. The macroeconomic

More information

Annual Report on the Coastal Carolinas Housing Market RESIDENTIAL REAL ESTATE ACTIVITY IN THE COASTAL CAROLINAS

Annual Report on the Coastal Carolinas Housing Market RESIDENTIAL REAL ESTATE ACTIVITY IN THE COASTAL CAROLINAS Annual Report on the Coastal Carolinas Housing Market RESIDENTIAL REAL ESTATE ACTIVITY IN THE COASTAL CAROLINAS RESIDENTIAL REAL ESTATE ACTIVITY IN THE COASTAL CAROLINAS There is an ongoing and undeniable

More information

California Housing Market Update. Monthly Sales and Price Statistics December 2018

California Housing Market Update. Monthly Sales and Price Statistics December 2018 California Housing Market Update Monthly Sales and Price Statistics December 2018 Sales Reached the Lowest Level since Jan 2015 California, December 2018 Sales: 372,260 Units, -5.2% YTD, -11.6% YTY 700,000

More information

California Housing Market Update. Monthly Sales and Price Statistics August 2018

California Housing Market Update. Monthly Sales and Price Statistics August 2018 California Housing Market Update Monthly Sales and Price Statistics August 2018 Sales Declined for the 4 th Consecutive Month California, August 2018 Sales: 399,600 Units, -2.1% YTD, -6.6% YTY 700,000

More information

Economic Spotlight September 1, 2009

Economic Spotlight September 1, 2009 Economic Spotlight September 1, 29 Update on Alberta s Housing Market Summary Alberta s housing market is beginning to show signs of recovery. Housing starts have rebounded from March lows and activity

More information

Released: August 2011

Released: August 2011 Released: August 2011 Commentary 2 The Numbers That Drive Real Estate 3 Special Report 9 Brought to you by: KW Research Commentary The housing market s balanced position remains firm as it transitions

More information

Aug. Aug 2018 ust 2018

Aug. Aug 2018 ust 2018 August 18 MONTHLY STATISTICS PACKAGE City of Calgary Unemployment rate slows housing market recovery 18 City of Calgary, September, 18 Easing sales, gains in new listings and elevated inventory levels

More information

Demand down with net migration

Demand down with net migration July 1 Demand down with net migration City of Calgary, August, 1 In step with City census data on declining net migration levels, housing sales activity totaled 1,71 units in July, a 1. per cent decrease

More information

UDIA WA PROPERTY MARKET STATISTICS

UDIA WA PROPERTY MARKET STATISTICS UDIA WA PROPERTY MARKET STATISTICS MAY 218 1 IN THIS ISSUE KEY TRENDS INDUSTRY UPDATE 3 4 ECONOMY RESIDENTIAL LAND DEVELOPMENT RESIDENTIAL PROPERTY SETTLEMENTS RESIDENTIAL PROPERTY MARKET RESIDENTIAL CONSTRUCTION

More information

Housing market report

Housing market report Australian capital cities and Gold Coast residential property market ruary Prepared by Australian Property Monitors The housing market is up and running in with increased buyer activity and seller confidence.

More information

Rightmove House Price Index

Rightmove House Price Index Rightmove House Price Index The largest monthly sample of residential property prices October 2018 National edition Under embargo for 00.01 hours, Monday 15 th October 2018 Subdued prices provide first-time

More information

Contents SEPTEMBER 2009

Contents SEPTEMBER 2009 Contents Two Tier Market:...1 Overview & Commentary: The National Picture...2 Overview & Commentary: The Regional Picture...3 Overview & Commentary: Supply...3 Property Prices (National)...4 National Bedroom

More information

Housing Bulletin Monthly Report

Housing Bulletin Monthly Report August 21 Housing Bulletin Monthly Report 1 C a n a da s P r e li m i n a ry H o u s i n g S ta r t s s l i p i n J u ly Preliminary Housing St arts in Albert a* and Canada* July 28 to July 21 25, Canada

More information

DUBAI HOUSING MARKET STUDY 2017

DUBAI HOUSING MARKET STUDY 2017 DUBAI HOUSING MARKET STUDY 217 Executive Summary Dubai residential market has been a story of increased supply and unsold stock resulting in declining prices over the last three years. Soft price corrections

More information

Wellington Housing Accord Monitoring Report 4

Wellington Housing Accord Monitoring Report 4 Wellington Housing Accord Monitoring Report 4 July 215 to June 216 Based on: building consent data to month ended June 216 new section data to month ended June 216 Executive Summary This monitoring report

More information

MARKET STRATEGY VIEWPOINT U.S. Housing Decelerating

MARKET STRATEGY VIEWPOINT U.S. Housing Decelerating Jan-01 Oct-01 Jul-02 Apr-03 Jan-0 Oct-0 Jul-05 Apr-0 Jan-07 Oct-07 Jul-08 Apr-09 Jan-10 Oct-10 Jul-11 Apr-12 Jan-13 Oct-13 Jul-1 Apr-15 Jan-1 Oct-1 Jul-17 Apr-18 U.S. Housing Decelerating August 27, 2018

More information

TUCSON and SOUTHERN ARIZONA

TUCSON and SOUTHERN ARIZONA TUCSON and SOUTHERN ARIZONA End of Year Housing Report (52) 818-454 Stephen@TeamWoodall.com 217 End of Year Housing Report SALES & INVENTORY Housing market trends For the overall real estate market in

More information

United States Housing, 2012

United States Housing, 2012 United States Department of Agriculture United States Housing, 2012 Delton Alderman ABSTRACT Provides current and historical information on housing market in the United States. Information includes trends

More information

Victoria Real Estate Market Continues to Sizzle in Summer Months. August , Victoria, BC

Victoria Real Estate Market Continues to Sizzle in Summer Months. August , Victoria, BC Victoria Real Estate Market Continues to Sizzle in Summer Months August 16, Victoria, BC A total of 97 properties sold in the Victoria Real Estate Board region this July, an increase of per cent compared

More information