06.03.2015 Views

Month-In-Review-March-2015

Month-In-Review-March-2015

Month-In-Review-March-2015

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

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

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

Victoria/Tasmania Property Market <strong>In</strong>dicators – Houses<br />

Victorian and Tasmanian Property Market <strong>In</strong>dicators – Houses<br />

Factor Bendigo Echuca Horsham Gippsland Melbourne Mildura Shepparton<br />

Rental Vacancy Situation<br />

Shortage of<br />

available<br />

property<br />

relative to<br />

demand<br />

Shortage<br />

of<br />

available<br />

property<br />

relative to<br />

demand<br />

Balanced<br />

market<br />

Shortage of<br />

available<br />

property<br />

relative to<br />

demand<br />

Balanced<br />

market<br />

Balanced<br />

market<br />

Balanced<br />

market<br />

Latrobe<br />

Valley<br />

Shortage<br />

of<br />

available<br />

property<br />

relative to<br />

demand<br />

Rental Vacancy Trend Steady Steady Steady Tightening Tightening Steady Steady Tightenin<br />

g<br />

Warrnam<br />

bool<br />

Balanced<br />

market<br />

Burnie /<br />

Davenport Hobart Launceston<br />

Balanced<br />

market<br />

Balanced<br />

market<br />

Balanced<br />

market<br />

Steady Steady Steady Steady<br />

Demand for New Houses Strong Fair Fair Fair Strong Fair Strong Fair Strong Strong Strong Strong<br />

Trend in New House Construction <strong>In</strong>creasing Steady Steady <strong>In</strong>creasing Steady -<br />

<strong>In</strong>creasing<br />

Steady <strong>In</strong>creasing <strong>In</strong>creasing <strong>In</strong>creasing Steady Steady Steady<br />

Volume of House Sales <strong>In</strong>creasing Steady Steady <strong>In</strong>creasing <strong>In</strong>creasing<br />

strongly -<br />

<strong>In</strong>creasing<br />

<strong>In</strong>creasin<br />

g<br />

Steady <strong>In</strong>creasing Steady <strong>In</strong>creasing <strong>In</strong>creasin<br />

g<br />

<strong>In</strong>creasing<br />

Stage of Property Cycle<br />

Rising<br />

market<br />

Rising<br />

market<br />

Peak of<br />

market<br />

Rising market Rising market Start of<br />

recovery<br />

Bottom of<br />

market<br />

Rising<br />

market<br />

Rising<br />

market<br />

Start of<br />

recovery<br />

Start of<br />

recovery<br />

Start of recovery<br />

Are New Properties Sold at Prices Exceeding<br />

Their Potential Resale Value<br />

Occasionally Occasionally<br />

Occasionally<br />

Occasionally<br />

Occasionally<br />

Occasionally Occasionally Occasionally<br />

Occasionally<br />

Occasionally<br />

Occasionally<br />

Occasionally<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

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!