Australia has over 125,000 excess houses

by | Aug 5, 2011 | Press Releases

photo credit: Dean Terry5 August 2011 MELBOURNE:- “Australia’s housing undersupply myth has just been exposed. We have overbuilt more than the USA,” Prosper Australia Campaign Manager David Collyer said today. “Prosper calculates Australia now has over 125,000 excess...

This will end in tears

by | Jul 28, 2011 | Press Releases

photo credit: tinou bao27 July 2011 The AMP/NATSEM report on housing affordability released today draws a clear picture of Australia’s house price dilemma. It fails, however, in concluding house prices will remain stable for a decade while real incomes catch up. “This...

Damn lies and Statistics

by | Jul 27, 2011 | Commentary

The battle over auction clearance rate statistics just turned into war. SQM Research’ Louis Christopher – one of the few straight shooters in the real estate statistics game – has just issued this broadside in the SQM Research Newsletter. And he is...

Melbourne housing ‘Stale Stock’ explodes

by | Jul 26, 2011 | Press Releases

26 July 2011 MELBOURNE:- “In the last three months alone, ‘Stale Stock’ in Melbourne postcodes 3000-3207 has ballooned from 19,800 to 31,600,” Prosper Australia Campaign Manager David Collyer said today. ‘Stale Stock’ is property on the market for more than sixty days...

Land Sales Volumes Fall – Good!

by | Jul 14, 2011 | Press Releases

14 July 2011 MELBOURNE:- “Falling land sales further signal the ending of The Great Australian Land Bubble,” Prosper Australia Campaign Manager David Collyer said today. Australian land sales volumes have fallen for the last six quarters, according to Housing Industry...