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Month-In-Review-March-2015

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<strong>Month</strong> in <strong>Review</strong><br />

<strong>March</strong> <strong>2015</strong><br />

Capital City Property Market <strong>In</strong>dicators – Units<br />

Capital City Property Market <strong>In</strong>dicators – Units<br />

Factor Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra<br />

Rental Vacancy Situation<br />

Shortage of<br />

available property<br />

relative to demand<br />

Over-supply of<br />

available property<br />

relative to demand<br />

Balanced market Balanced market Over-supply of<br />

available property<br />

relative to demand<br />

Balanced market Balanced market Over-supply of<br />

available property<br />

relative to demand<br />

Rental Vacancy Trend Tightening Steady Steady Steady <strong>In</strong>creasing Steady <strong>In</strong>creasing Steady<br />

Demand for New Units Strong Fair Strong Soft Soft Strong Fair Fair<br />

Trend in New Unit Construction <strong>In</strong>creasing <strong>In</strong>creasing strongly <strong>In</strong>creasing strongly Steady Declining Steady Steady Steady<br />

Volume of Unit Sales Declining <strong>In</strong>creasing Steady Steady Steady <strong>In</strong>creasing Steady Steady<br />

Stage of Property Cycle Peak of market Rising market -<br />

Peak of market<br />

Rising market Start of recovery Peak of market Start of recovery Peak of market Bottom of market<br />

Are New Properties Sold at Prices<br />

Exceeding Their Potential Resale Value<br />

Frequently Occasionally Occasionally Occasionally Almost never Occasionally Occasionally Almost never<br />

Red entries indicate change from previous month to a higher risk-rating<br />

Blue entries indicate change from previous month to a lower risk-rating<br />

1<br />

Market<br />

<strong>In</strong>dicators<br />

No responsibility is accepted to any third party that may use or rely on the whole or any part of the content of this publication.<br />

© Herron Todd White Copyright 2013

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