Archive for category: Market Update

House Starts Fall For The 10th Consecutive Quarter

House Starts Fall For The 10th Consecutive Quarter

      The number of private sector house starts has fallen for the 10th consecutive quarter as the contraction in the sector continues. Total house commencements fell 1.7% to 20,523 in the June quarter, according to the Australian Bureau of Statistics, the lowest figure since June 2001. However, the […]

Market Update – Property Focus

Market Update – Property Focus

April edition of the Blockbrief Monthly Matket Update   Economic indicators released in April were mixed. Australia’s jobless and participation rates stayed steady in March at 5.2% and 65.3% respectively. Unemployment has increased 0.2pts from the same time last year. The ANZ Job Advertisements Series rose 1.0% in March following […]

Wilson & Tarbey: 2011 Was A Bad Year, We’ll See A Brighter 2012

Wilson & Tarbey: 2011 Was A Bad Year, We’ll See A Brighter 2012

  During an interview with Robert Harley, from Financial Review TV, Andrew Wilson, senior economist with APM and Charles Tarbey, Century 21 Australia Chairman the results of 2011 and the outlook for real estate in 2012 were discussed. Wilson agreed that 2011 was a bad year for house prices, but […]

Market Update – Property Focus

January edition of the Blockbrief Monthly Update. Economic indicators released in December were mixed. Australia’s jobless rate was steady at seasonally adjusted 5.3% in November. The economy lost 6,300 positions, with full-time employment decreasing 39,900 and part-time employment increasing 33,600. The participation rate was steady at 65.6%. The ANZ Job […]

Market Update – Property Focus

December edition of the Blockbrief Monthly Update. Economic indicators released in November were mixed. Australia’s jobless rate rose to a seasonally adjusted 5.3% in October, even after the economy added 20,000 full time positions. The ANZ Job Advertisements Series declined for a fourth consecutive month, falling 0.7% in October. Annual growth […]

Market Update – Property Focus

August edition of the Blockbrief Monthly Update. Economic indicators released in August were mixed. Australia’s jobless rate as at July has increased to 5.1% as the economy lost 22,200 full time jobs, a result which was much weaker than generally expected. The ANZ Job Advertisements Series fell 0.7% in July, to […]