residex: house prices fell in january, page-2

  1. 6,066 Posts.
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    Whats so confusing all you do is pick the data that suits your view eg
    I will take SQM vacancy rate for Perth = .08%
    SQM Median value for Perth houses = $535k
    REIWA properties listed for sale = 9,050
    BIS predictions for growth = 20% 3 years
    Perth is booming
    But if we use
    REIWA vacancy rate = 1.9%
    REIWA median house price = $485k
    SQM properties listed = 17,000
    Residex pediction = flat
    Perth has busted
    They are all a load of crap. Just go to home opens and find out yourself.
 
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