Month-In-Review-March-2015
Month-In-Review-March-2015
Month-In-Review-March-2015
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<strong>Month</strong> in <strong>Review</strong><br />
<strong>March</strong> <strong>2015</strong><br />
Queensland Property Market <strong>In</strong>dicators – Units<br />
Queensland Property Market <strong>In</strong>dicators - Units<br />
Rental Vacancy Situation<br />
Shortage of<br />
available<br />
property<br />
relative to<br />
demand<br />
Toowoomba<br />
Oversupply<br />
of<br />
available<br />
property<br />
relative to<br />
demand<br />
Rental Vacancy Trend Tightening Tightening<br />
- Steady<br />
Balanced<br />
market<br />
Steady -<br />
<strong>In</strong>creasing<br />
Mackay<br />
Oversupply<br />
of<br />
available<br />
property<br />
relative to<br />
demand<br />
Factor Cairns Townsville Whitsunday<br />
Rockhampton<br />
Oversupply<br />
of<br />
available<br />
property<br />
relative to<br />
demand<br />
Emerald<br />
Large oversupply<br />
of<br />
available<br />
property<br />
relative to<br />
demand<br />
Oversupply<br />
of<br />
available<br />
property<br />
relative to<br />
demand<br />
Balanced<br />
market<br />
Hervey<br />
Bay<br />
Shortage of<br />
available<br />
property<br />
relative to<br />
demand -<br />
Balanced<br />
market<br />
Sunshine<br />
Coast<br />
Balanced<br />
market<br />
Brisbane<br />
Balanced<br />
market<br />
Gold<br />
Coast<br />
Balanced<br />
market<br />
Ipswich<br />
Shortage of<br />
available<br />
property<br />
relative to<br />
demand<br />
Gladstone Bundaberg<br />
Balanced<br />
market -<br />
Oversupply<br />
of<br />
available<br />
property<br />
relative to<br />
demand<br />
<strong>In</strong>creasing <strong>In</strong>creasing Steady Steady Steady Steady Tightening Steady Steady Tightening <strong>In</strong>creasing<br />
Demand for New Units Very soft Fair Fair Soft - Fair Very strong Very soft Very soft Fair Fair Soft Strong Strong Strong Soft - Fair<br />
Trend in New Unit<br />
Construction<br />
Declining Steady Steady Declining -<br />
Steady<br />
<strong>In</strong>creasing<br />
strongly<br />
Declining<br />
significantly<br />
Steady Steady Steady -<br />
<strong>In</strong>creasing<br />
Steady<br />
<strong>In</strong>creasing<br />
strongly<br />
<strong>In</strong>creasing <strong>In</strong>creasing <strong>In</strong>creasing<br />
Volume of Unit Sales <strong>In</strong>creasing Steady Steady Steady Steady Declining Steady Steady <strong>In</strong>creasing -<br />
Steady<br />
<strong>In</strong>creasing Steady <strong>In</strong>creasing Steady Steady<br />
Stage of Property Cycle<br />
Are New Properties Sold at<br />
Prices Exceeding Their<br />
Potential Resale Value<br />
Start of<br />
recovery<br />
Start of<br />
recovery<br />
Declining<br />
market<br />
Frequently<br />
- Very<br />
frequently<br />
Bottom of<br />
market<br />
Declining<br />
market<br />
Declining<br />
market<br />
Very<br />
frequently<br />
Start of<br />
recovery<br />
Almost<br />
never<br />
Start of<br />
recovery<br />
Rising<br />
market<br />
Rising<br />
market<br />
Occasionally<br />
Occasionally<br />
Bottom of<br />
market -<br />
Rising<br />
market<br />
Occasionally<br />
Occasionally<br />
Occasionally<br />
Occasionally<br />
Occasionally<br />
Occasionally<br />
Rising<br />
market<br />
Almost<br />
always<br />
Rising<br />
market<br />
Frequently<br />
Rising<br />
market -<br />
Peak of<br />
market<br />
Frequently<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 />
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© Herron Todd White Copyright 2013